Wockhardt Balance Sheet Health
Financial Health criteria checks 4/6
Wockhardt has a total shareholder equity of ₹37.1B and total debt of ₹21.5B, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are ₹75.9B and ₹38.8B respectively. Wockhardt's EBIT is ₹1.1B making its interest coverage ratio 0.4. It has cash and short-term investments of ₹2.2B.
Key information
58.0%
Debt to equity ratio
₹21.54b
Debt
| Interest coverage ratio | 0.4x |
| Cash | ₹2.23b |
| Equity | ₹37.13b |
| Total liabilities | ₹38.75b |
| Total assets | ₹75.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532300's short term assets (₹20.1B) do not cover its short term liabilities (₹23.8B).
Long Term Liabilities: 532300's short term assets (₹20.1B) exceed its long term liabilities (₹15.0B).
Debt to Equity History and Analysis
Debt Level: 532300's net debt to equity ratio (52%) is considered high.
Reducing Debt: 532300's debt to equity ratio has reduced from 77.2% to 58% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 532300 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 532300 has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 23.5% each year.