Wonder Electricals Balance Sheet Health
Financial Health criteria checks 4/6
Wonder Electricals has a total shareholder equity of ₹878.7M and total debt of ₹641.1M, which brings its debt-to-equity ratio to 73%. Its total assets and total liabilities are ₹3.5B and ₹2.6B respectively. Wonder Electricals's EBIT is ₹188.3M making its interest coverage ratio 4.3. It has cash and short-term investments of ₹43.7M.
Key information
73.0%
Debt to equity ratio
₹641.05m
Debt
Interest coverage ratio | 4.3x |
Cash | ₹43.69m |
Equity | ₹878.70m |
Total liabilities | ₹2.65b |
Total assets | ₹3.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543449's short term assets (₹3.0B) exceed its short term liabilities (₹2.6B).
Long Term Liabilities: 543449's short term assets (₹3.0B) exceed its long term liabilities (₹71.3M).
Debt to Equity History and Analysis
Debt Level: 543449's net debt to equity ratio (68%) is considered high.
Reducing Debt: 543449's debt to equity ratio has reduced from 116.4% to 73% over the past 5 years.
Debt Coverage: 543449's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543449's interest payments on its debt are well covered by EBIT (4.3x coverage).