Empower India Balance Sheet Health
Financial Health criteria checks 4/6
Empower India has a total shareholder equity of ₹3.0B and total debt of ₹1.0M, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are ₹3.2B and ₹164.1M respectively. Empower India's EBIT is ₹87.3M making its interest coverage ratio 5671.5. It has cash and short-term investments of ₹8.7M.
Key information
0.03%
Debt to equity ratio
₹1.02m
Debt
| Interest coverage ratio | 5671.5x |
| Cash | ₹8.66m |
| Equity | ₹3.00b |
| Total liabilities | ₹164.10m |
| Total assets | ₹3.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504351's short term assets (₹149.6M) do not cover its short term liabilities (₹163.9M).
Long Term Liabilities: 504351's short term assets (₹149.6M) exceed its long term liabilities (₹210.0K).
Debt to Equity History and Analysis
Debt Level: 504351 has more cash than its total debt.
Reducing Debt: 504351's debt to equity ratio has reduced from 50.1% to 0.03% over the past 5 years.
Debt Coverage: 504351's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 504351's interest payments on its debt are well covered by EBIT (5671.5x coverage).