Onward Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Onward Technologies has a total shareholder equity of ₹2.1B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹3.0B and ₹910.1M respectively. Onward Technologies's EBIT is ₹268.9M making its interest coverage ratio -8. It has cash and short-term investments of ₹233.4M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -8x |
| Cash | ₹233.44m |
| Equity | ₹2.08b |
| Total liabilities | ₹910.14m |
| Total assets | ₹2.99b |
Recent financial health updates
Onward Technologies (NSE:ONWARDTEC) Has A Pretty Healthy Balance Sheet
Sep 08
Is Onward Technologies (NSE:ONWARDTEC) A Risky Investment?
Mar 18Onward Technologies (NSE:ONWARDTEC) Seems To Use Debt Quite Sensibly
Feb 25Recent updates
Here's Why We Think Onward Technologies (NSE:ONWARDTEC) Is Well Worth Watching
Jul 16We Think Onward Technologies' (NSE:ONWARDTEC) Profit Is Only A Baseline For What They Can Achieve
May 25Onward Technologies (NSE:ONWARDTEC) Knows How To Allocate Capital
Mar 14Why Investors Shouldn't Be Surprised By Onward Technologies Limited's (NSE:ONWARDTEC) 27% Share Price Surge
Dec 19Estimating The Fair Value Of Onward Technologies Limited (NSE:ONWARDTEC)
Nov 10Does Onward Technologies (NSE:ONWARDTEC) Deserve A Spot On Your Watchlist?
Oct 24Onward Technologies (NSE:ONWARDTEC) Has A Pretty Healthy Balance Sheet
Sep 08Onward Technologies (NSE:ONWARDTEC) Is Due To Pay A Dividend Of ₹3.00
Jul 09Onward Technologies (NSE:ONWARDTEC) Is Due To Pay A Dividend Of ₹3.00
Jun 25Is Onward Technologies (NSE:ONWARDTEC) A Risky Investment?
Mar 18Returns On Capital Signal Tricky Times Ahead For Onward Technologies (NSE:ONWARDTEC)
Nov 19Onward Technologies (NSE:ONWARDTEC) Hasn't Managed To Accelerate Its Returns
Nov 17Increases to Onward Technologies Limited's (NSE:ONWARDTEC) CEO Compensation Might Cool off for now
Jul 08Onward Technologies' (NSE:ONWARDTEC) Upcoming Dividend Will Be Larger Than Last Year's
Jun 26We Think Onward Technologies' (NSE:ONWARDTEC) Healthy Earnings Might Be Conservative
May 20Investors Could Be Concerned With Onward Technologies' (NSE:ONWARDTEC) Returns On Capital
May 10Is Onward Technologies Limited's (NSE:ONWARDTEC) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Mar 18Onward Technologies (NSE:ONWARDTEC) Seems To Use Debt Quite Sensibly
Feb 25Our Take On The Returns On Capital At Onward Technologies (NSE:ONWARDTEC)
Feb 04Key Things To Watch Out For If You Are After Onward Technologies Limited's (NSE:ONWARDTEC) 1.4% Dividend
Jan 14Financial Position Analysis
Short Term Liabilities: ONWARDTEC's short term assets (₹2.2B) exceed its short term liabilities (₹564.0M).
Long Term Liabilities: ONWARDTEC's short term assets (₹2.2B) exceed its long term liabilities (₹346.1M).
Debt to Equity History and Analysis
Debt Level: ONWARDTEC is debt free.
Reducing Debt: ONWARDTEC has no debt compared to 5 years ago when its debt to equity ratio was 19.4%.
Debt Coverage: ONWARDTEC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ONWARDTEC has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/01 05:16 |
| End of Day Share Price | 2025/01/01 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Onward Technologies Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vijay Madunala | FirstCall Research |