Centum Electronics Balance Sheet Health
Financial Health criteria checks 2/6
Centum Electronics has a total shareholder equity of ₹1.9B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 111.1%. Its total assets and total liabilities are ₹11.5B and ₹9.6B respectively. Centum Electronics's EBIT is ₹457.1M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹572.9M.
Key information
111.1%
Debt to equity ratio
₹2.10b
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹572.87m |
| Equity | ₹1.89b |
| Total liabilities | ₹9.62b |
| Total assets | ₹11.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517544's short term assets (₹8.5B) do not cover its short term liabilities (₹8.6B).
Long Term Liabilities: 517544's short term assets (₹8.5B) exceed its long term liabilities (₹972.7M).
Debt to Equity History and Analysis
Debt Level: 517544's net debt to equity ratio (80.8%) is considered high.
Reducing Debt: 517544's debt to equity ratio has increased from 105.3% to 111.1% over the past 5 years.
Debt Coverage: 517544's debt is well covered by operating cash flow (88.8%).
Interest Coverage: 517544's interest payments on its debt are not well covered by EBIT (2.2x coverage).