Elin Electronics Balance Sheet Health
Financial Health criteria checks 4/6
Elin Electronics has a total shareholder equity of ₹5.0B and total debt of ₹205.8M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are ₹6.8B and ₹1.9B respectively. Elin Electronics's EBIT is ₹177.8M making its interest coverage ratio 2.7. It has cash and short-term investments of ₹927.4M.
Key information
4.1%
Debt to equity ratio
₹205.83m
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₹927.42m |
| Equity | ₹4.97b |
| Total liabilities | ₹1.86b |
| Total assets | ₹6.83b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ELIN's short term assets (₹4.4B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: ELIN's short term assets (₹4.4B) exceed its long term liabilities (₹122.2M).
Debt to Equity History and Analysis
Debt Level: ELIN has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ELIN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ELIN's debt is well covered by operating cash flow (203.7%).
Interest Coverage: ELIN's interest payments on its debt are not well covered by EBIT (2.7x coverage).