Eastern Logica Infoway Balance Sheet Health
Financial Health criteria checks 2/6
Eastern Logica Infoway has a total shareholder equity of ₹557.8M and total debt of ₹922.4M, which brings its debt-to-equity ratio to 165.3%. Its total assets and total liabilities are ₹1.8B and ₹1.3B respectively. Eastern Logica Infoway's EBIT is ₹124.1M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹8.9M.
Key information
165.3%
Debt to equity ratio
₹922.37m
Debt
Interest coverage ratio | 1.8x |
Cash | ₹8.93m |
Equity | ₹557.84m |
Total liabilities | ₹1.29b |
Total assets | ₹1.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543746's short term assets (₹1.6B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 543746's short term assets (₹1.6B) exceed its long term liabilities (₹37.3M).
Debt to Equity History and Analysis
Debt Level: 543746's net debt to equity ratio (163.7%) is considered high.
Reducing Debt: Insufficient data to determine if 543746's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543746's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543746's interest payments on its debt are not well covered by EBIT (1.8x coverage).