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
We Think Centum Electronics (NSE:CENTUM) Is Taking Some Risk With Its Debt
Sep 02
Is Centum Electronics (NSE:CENTUM) A Risky Investment?
Feb 06Centum Electronics (NSE:CENTUM) Seems To Use Debt Quite Sensibly
Dec 15Is Centum Electronics (NSE:CENTUM) Using Too Much Debt?
Sep 02Does Centum Electronics (NSE:CENTUM) Have A Healthy Balance Sheet?
Feb 14We Think Centum Electronics (NSE:CENTUM) Is Taking Some Risk With Its Debt
Sep 15Recent updates
We Think Centum Electronics (NSE:CENTUM) Is Taking Some Risk With Its Debt
Sep 02Centum Electronics (NSE:CENTUM) Knows How To Allocate Capital Effectively
Apr 23Centum Electronics Limited's (NSE:CENTUM) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Feb 21Is Centum Electronics (NSE:CENTUM) A Risky Investment?
Feb 06There's Been No Shortage Of Growth Recently For Centum Electronics' (NSE:CENTUM) Returns On Capital
Jan 05Calculating The Intrinsic Value Of Centum Electronics Limited (NSE:CENTUM)
Mar 14Centum Electronics (NSE:CENTUM) Seems To Use Debt Quite Sensibly
Dec 15Centum Electronics (NSE:CENTUM) Shareholders Will Want The ROCE Trajectory To Continue
Oct 27Is Centum Electronics (NSE:CENTUM) Using Too Much Debt?
Sep 02Centum Electronics' (NSE:CENTUM) Dividend Will Be Increased To ₹2.50
Jul 21Does Centum Electronics (NSE:CENTUM) Have A Healthy Balance Sheet?
Feb 14Centum Electronics (NSE:CENTUM) Is Looking To Continue Growing Its Returns On Capital
Dec 14Calculating The Intrinsic Value Of Centum Electronics Limited (NSE:CENTUM)
Nov 02We Think Centum Electronics (NSE:CENTUM) Is Taking Some Risk With Its Debt
Sep 15Shareholders Will Probably Hold Off On Increasing Centum Electronics Limited's (NSE:CENTUM) CEO Compensation For The Time Being
Aug 05Investor Optimism Abounds Centum Electronics Limited (NSE:CENTUM) But Growth Is Lacking
May 05Centum Electronics (NSE:CENTUM) Will Will Want To Turn Around Its Return Trends
Apr 14Is Centum Electronics Limited's (NSE:CENTUM) 0.5% Dividend Sustainable?
Mar 24Investors Who Bought Centum Electronics (NSE:CENTUM) Shares A Year Ago Are Now Up 36%
Mar 06With A 3.8% Return On Equity, Is Centum Electronics Limited (NSE:CENTUM) A Quality Stock?
Feb 16Are Centum Electronics' (NSE:CENTUM) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Feb 01How Does Centum Electronics' (NSE:CENTUM) CEO Pay Compare With Company Performance?
Jan 17
Is Centum Electronics (NSE:CENTUM) Likely To Turn Things Around?
Jan 02Centum Electronics (NSE:CENTUM) Has A Somewhat Strained Balance Sheet
Dec 18Does It Make Sense To Buy Centum Electronics Limited (NSE:CENTUM) For Its Yield?
Dec 03What Type Of Returns Would Centum Electronics'(NSE:CENTUM) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Nov 18Taking A Look At Centum Electronics Limited's (NSE:CENTUM) ROE
Nov 02How Much Did Centum Electronics' (NSE:CENTUM) CEO Pocket Last Year?
Oct 07Has Centum Electronics (NSE:CENTUM) Got What It Takes To Become A Multi-Bagger?
Sep 16Centum Electronics Limited (NSE:CENTUM) Is About To Go Ex-Dividend, And It Pays A 0.7% Yield
Aug 29Financial Position Analysis
Short Term Liabilities: CENTUM's short term assets (₹8.5B) do not cover its short term liabilities (₹8.6B).
Long Term Liabilities: CENTUM's short term assets (₹8.5B) exceed its long term liabilities (₹972.7M).
Debt to Equity History and Analysis
Debt Level: CENTUM's net debt to equity ratio (80.8%) is considered high.
Reducing Debt: CENTUM's debt to equity ratio has increased from 105.3% to 111.1% over the past 5 years.
Debt Coverage: CENTUM's debt is well covered by operating cash flow (88.8%).
Interest Coverage: CENTUM's interest payments on its debt are not well covered by EBIT (2.2x coverage).