Empower India Balance Sheet Health
Financial Health criteria checks 6/6
Empower India has a total shareholder equity of ₹3.0B and total debt of ₹212.1M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are ₹3.7B and ₹661.5M respectively. Empower India's EBIT is ₹102.2M making its interest coverage ratio 5617.3. It has cash and short-term investments of ₹299.6M.
Key information
7.0%
Debt to equity ratio
₹212.05m
Debt
| Interest coverage ratio | 5617.3x |
| Cash | ₹299.62m |
| Equity | ₹3.04b |
| Total liabilities | ₹661.48m |
| Total assets | ₹3.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504351's short term assets (₹591.8M) exceed its short term liabilities (₹496.8M).
Long Term Liabilities: 504351's short term assets (₹591.8M) exceed its long term liabilities (₹164.7M).
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 51.3% to 7% over the past 5 years.
Debt Coverage: 504351's debt is well covered by operating cash flow (100%).
Interest Coverage: 504351's interest payments on its debt are well covered by EBIT (5617.3x coverage).