Elin Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Elin Electronics has a total shareholder equity of ₹5.1B and total debt of ₹67.2M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are ₹7.0B and ₹1.9B respectively. Elin Electronics's EBIT is ₹231.5M making its interest coverage ratio -50.5. It has cash and short-term investments of ₹1.1B.
Key information
1.3%
Debt to equity ratio
₹67.19m
Debt
| Interest coverage ratio | -50.5x |
| Cash | ₹1.05b |
| Equity | ₹5.14b |
| Total liabilities | ₹1.87b |
| Total assets | ₹7.02b |
Recent financial health updates
No updates
Recent updates
Returns On Capital At Elin Electronics (NSE:ELIN) Paint A Concerning Picture
Nov 02
Earnings Tell The Story For Elin Electronics Limited (NSE:ELIN) As Its Stock Soars 30%
Jun 22Market Participants Recognise Elin Electronics Limited's (NSE:ELIN) Earnings Pushing Shares 25% Higher
May 01Investors Still Waiting For A Pull Back In Elin Electronics Limited (NSE:ELIN)
Mar 14Elin Electronics (NSE:ELIN) Will Be Hoping To Turn Its Returns On Capital Around
Jan 19This Broker Just Slashed Their Elin Electronics Limited (NSE:ELIN) Earnings Forecasts
Nov 23Financial Position Analysis
Short Term Liabilities: ELIN's short term assets (₹4.5B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: ELIN's short term assets (₹4.5B) exceed its long term liabilities (₹120.6M).
Debt to Equity History and Analysis
Debt Level: ELIN has more cash than its total debt.
Reducing Debt: ELIN's debt to equity ratio has reduced from 36.7% to 1.3% over the past 5 years.
Debt Coverage: ELIN's debt is well covered by operating cash flow (888.1%).
Interest Coverage: ELIN earns more interest than it pays, so coverage of interest payments is not a concern.