Urja Global Balance Sheet Health
Financial Health criteria checks 6/6
Urja Global has a total shareholder equity of ₹1.8B and total debt of ₹56.5M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are ₹2.9B and ₹1.1B respectively. Urja Global's EBIT is ₹16.5M making its interest coverage ratio -3.6. It has cash and short-term investments of ₹3.4M.
Key information
3.1%
Debt to equity ratio
₹56.49m
Debt
Interest coverage ratio | -3.6x |
Cash | ₹3.41m |
Equity | ₹1.83b |
Total liabilities | ₹1.05b |
Total assets | ₹2.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526987's short term assets (₹782.2M) exceed its short term liabilities (₹647.2M).
Long Term Liabilities: 526987's short term assets (₹782.2M) exceed its long term liabilities (₹407.1M).
Debt to Equity History and Analysis
Debt Level: 526987's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: 526987's debt to equity ratio has reduced from 3.6% to 3.1% over the past 5 years.
Debt Coverage: 526987's debt is well covered by operating cash flow (26.4%).
Interest Coverage: 526987 earns more interest than it pays, so coverage of interest payments is not a concern.