Ethos Balance Sheet Health
Financial Health criteria checks 6/6
Ethos has a total shareholder equity of ₹8.8B and total debt of ₹67.0M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ₹11.7B and ₹2.9B respectively. Ethos's EBIT is ₹1.0B making its interest coverage ratio 6.4. It has cash and short-term investments of ₹3.5B.
Key information
0.8%
Debt to equity ratio
₹66.99m
Debt
Interest coverage ratio | 6.4x |
Cash | ₹3.45b |
Equity | ₹8.84b |
Total liabilities | ₹2.87b |
Total assets | ₹11.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543532's short term assets (₹8.6B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: 543532's short term assets (₹8.6B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 543532 has more cash than its total debt.
Reducing Debt: 543532's debt to equity ratio has reduced from 59.1% to 0.8% over the past 5 years.
Debt Coverage: 543532's debt is well covered by operating cash flow (460%).
Interest Coverage: 543532's interest payments on its debt are well covered by EBIT (6.4x coverage).