Elin Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Elin Electronics has a total shareholder equity of ₹5.0B and total debt of ₹114.8M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are ₹6.7B and ₹1.7B respectively. Elin Electronics's EBIT is ₹186.9M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹955.2M.
Key information
2.3%
Debt to equity ratio
₹114.76m
Debt
Interest coverage ratio | 2.3x |
Cash | ₹955.16m |
Equity | ₹5.03b |
Total liabilities | ₹1.66b |
Total assets | ₹6.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543725's short term assets (₹4.2B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: 543725's short term assets (₹4.2B) exceed its long term liabilities (₹117.0M).
Debt to Equity History and Analysis
Debt Level: 543725 has more cash than its total debt.
Reducing Debt: 543725's debt to equity ratio has reduced from 43.5% to 2.3% over the past 5 years.
Debt Coverage: 543725's debt is well covered by operating cash flow (371.8%).
Interest Coverage: 543725's interest payments on its debt are not well covered by EBIT (2.3x coverage).