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 ₹282.7M, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are ₹2.9B and ₹798.1M respectively. Onward Technologies's EBIT is ₹341.8M making its interest coverage ratio -9.5. It has cash and short-term investments of ₹853.7M.
Key information
13.6%
Debt to equity ratio
₹282.72m
Debt
| Interest coverage ratio | -9.5x |
| Cash | ₹853.73m |
| Equity | ₹2.07b |
| Total liabilities | ₹798.09m |
| Total assets | ₹2.87b |
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 (₹2.0B) exceed its short term liabilities (₹526.3M).
Long Term Liabilities: ONWARDTEC's short term assets (₹2.0B) exceed its long term liabilities (₹271.8M).
Debt to Equity History and Analysis
Debt Level: ONWARDTEC has more cash than its total debt.
Reducing Debt: ONWARDTEC's debt to equity ratio has reduced from 29.1% to 13.6% over the past 5 years.
Debt Coverage: ONWARDTEC's debt is well covered by operating cash flow (220.5%).
Interest Coverage: ONWARDTEC earns more interest than it pays, so coverage of interest payments is not a concern.