Centum Electronics Balance Sheet Health
Financial Health criteria checks 3/6
Centum Electronics has a total shareholder equity of ₹2.0B and total debt of ₹3.5B, which brings its debt-to-equity ratio to 176.2%. Its total assets and total liabilities are ₹11.4B and ₹9.4B respectively. Centum Electronics's EBIT is ₹799.0M making its interest coverage ratio 3.7. It has cash and short-term investments of ₹431.4M.
Key information
176.2%
Debt to equity ratio
₹3.51b
Debt
Interest coverage ratio | 3.7x |
Cash | ₹431.41m |
Equity | ₹1.99b |
Total liabilities | ₹9.43b |
Total assets | ₹11.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517544's short term assets (₹8.0B) do not cover its short term liabilities (₹8.2B).
Long Term Liabilities: 517544's short term assets (₹8.0B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 517544's net debt to equity ratio (154.5%) is considered high.
Reducing Debt: 517544's debt to equity ratio has reduced from 209.5% to 176.2% over the past 5 years.
Debt Coverage: 517544's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: 517544's interest payments on its debt are well covered by EBIT (3.7x coverage).