Everest Organics Balance Sheet Health
Financial Health criteria checks 2/6
Everest Organics has a total shareholder equity of ₹462.8M and total debt of ₹516.8M, which brings its debt-to-equity ratio to 111.7%. Its total assets and total liabilities are ₹2.2B and ₹1.7B respectively. Everest Organics's EBIT is ₹59.7M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹2.1M.
Key information
111.7%
Debt to equity ratio
₹516.77m
Debt
Interest coverage ratio | 1.3x |
Cash | ₹2.11m |
Equity | ₹462.80m |
Total liabilities | ₹1.74b |
Total assets | ₹2.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524790's short term assets (₹1.5B) do not cover its short term liabilities (₹1.6B).
Long Term Liabilities: 524790's short term assets (₹1.5B) exceed its long term liabilities (₹169.7M).
Debt to Equity History and Analysis
Debt Level: 524790's net debt to equity ratio (111.2%) is considered high.
Reducing Debt: 524790's debt to equity ratio has increased from 84.5% to 111.7% over the past 5 years.
Debt Coverage: 524790's debt is well covered by operating cash flow (42.9%).
Interest Coverage: 524790's interest payments on its debt are not well covered by EBIT (1.3x coverage).