CES Balance Sheet Health
Financial Health criteria checks 6/6
CES has a total shareholder equity of ₹1.8B and total debt of ₹36.7M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are ₹3.0B and ₹1.2B respectively. CES's EBIT is ₹414.4M making its interest coverage ratio -19.8. It has cash and short-term investments of ₹1.3B.
Key information
2.0%
Debt to equity ratio
₹36.70m
Debt
Interest coverage ratio | -19.8x |
Cash | ₹1.31b |
Equity | ₹1.83b |
Total liabilities | ₹1.18b |
Total assets | ₹3.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512341's short term assets (₹2.4B) exceed its short term liabilities (₹961.9M).
Long Term Liabilities: 512341's short term assets (₹2.4B) exceed its long term liabilities (₹221.6M).
Debt to Equity History and Analysis
Debt Level: 512341 has more cash than its total debt.
Reducing Debt: 512341's debt to equity ratio has reduced from 30.1% to 2% over the past 5 years.
Debt Coverage: 512341's debt is well covered by operating cash flow (648.5%).
Interest Coverage: 512341 earns more interest than it pays, so coverage of interest payments is not a concern.