Empower India Balance Sheet Health
Financial Health criteria checks 6/6
Empower India has a total shareholder equity of ₹2.9B 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 ₹69.8M respectively. Empower India's EBIT is ₹44.6M making its interest coverage ratio 887.6. It has cash and short-term investments of ₹2.9M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 887.6x |
Cash | ₹2.92m |
Equity | ₹2.94b |
Total liabilities | ₹69.79m |
Total assets | ₹3.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504351's short term assets (₹86.1M) exceed its short term liabilities (₹69.6M).
Long Term Liabilities: 504351's short term assets (₹86.1M) exceed its long term liabilities (₹210.0K).
Debt to Equity History and Analysis
Debt Level: 504351 is debt free.
Reducing Debt: 504351 has no debt compared to 5 years ago when its debt to equity ratio was 49.4%.
Debt Coverage: 504351 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 504351 has no debt, therefore coverage of interest payments is not a concern.