Eldeco Housing and Industries Balance Sheet Health
Financial Health criteria checks 4/6
Eldeco Housing and Industries has a total shareholder equity of ₹3.7B and total debt of ₹823.2M, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are ₹6.9B and ₹3.2B respectively. Eldeco Housing and Industries's EBIT is ₹481.9M making its interest coverage ratio 16.6. It has cash and short-term investments of ₹1.2B.
Key information
22.2%
Debt to equity ratio
₹823.18m
Debt
Interest coverage ratio | 16.6x |
Cash | ₹1.17b |
Equity | ₹3.71b |
Total liabilities | ₹3.22b |
Total assets | ₹6.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523329's short term assets (₹6.0B) exceed its short term liabilities (₹2.4B).
Long Term Liabilities: 523329's short term assets (₹6.0B) exceed its long term liabilities (₹858.2M).
Debt to Equity History and Analysis
Debt Level: 523329 has more cash than its total debt.
Reducing Debt: 523329's debt to equity ratio has increased from 0.4% to 22.2% over the past 5 years.
Debt Coverage: 523329's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 523329's interest payments on its debt are well covered by EBIT (16.6x coverage).