Wonder Electricals Balance Sheet Health
Financial Health criteria checks 3/6
Wonder Electricals has a total shareholder equity of ₹902.1M and total debt of ₹497.6M, which brings its debt-to-equity ratio to 55.2%. Its total assets and total liabilities are ₹2.7B and ₹1.8B respectively. Wonder Electricals's EBIT is ₹238.3M making its interest coverage ratio 4.1. It has cash and short-term investments of ₹3.6M.
Key information
55.2%
Debt to equity ratio
₹497.62m
Debt
| Interest coverage ratio | 4.1x |
| Cash | ₹3.56m |
| Equity | ₹902.07m |
| Total liabilities | ₹1.85b |
| Total assets | ₹2.75b |
Recent financial health updates
We Think Wonder Electricals (NSE:WEL) Can Stay On Top Of Its Debt
Aug 04
We Think Wonder Electricals (NSE:WEL) Can Stay On Top Of Its Debt
Mar 26Wonder Electricals (NSE:WEL) Has A Somewhat Strained Balance Sheet
Dec 23These 4 Measures Indicate That Wonder Electricals (NSE:WEL) Is Using Debt Extensively
Aug 30Wonder Fibromats (NSE:WFL) Seems To Use Debt Quite Sensibly
Jun 22These 4 Measures Indicate That Wonder Fibromats (NSE:WFL) Is Using Debt Extensively
Mar 24Recent updates
Wonder Electricals (NSE:WEL) Is Aiming To Keep Up Its Impressive Returns
Nov 14We Think Wonder Electricals (NSE:WEL) Can Stay On Top Of Its Debt
Aug 04Optimistic Investors Push Wonder Electricals Limited (NSE:WEL) Shares Up 26% But Growth Is Lacking
Jul 14Investors Shouldn't Be Too Comfortable With Wonder Electricals' (NSE:WEL) Earnings
May 23Is Now The Time To Put Wonder Electricals (NSE:WEL) On Your Watchlist?
May 22There's Reason For Concern Over Wonder Electricals Limited's (NSE:WEL) Massive 85% Price Jump
Apr 17We Think Wonder Electricals (NSE:WEL) Can Stay On Top Of Its Debt
Mar 26Wonder Electricals Limited's (NSE:WEL) Shares Climb 27% But Its Business Is Yet to Catch Up
Feb 28Market Participants Recognise Wonder Electricals Limited's (NSE:WEL) Earnings Pushing Shares 31% Higher
Dec 27Wonder Electricals (NSE:WEL) Has A Somewhat Strained Balance Sheet
Dec 23These 4 Measures Indicate That Wonder Electricals (NSE:WEL) Is Using Debt Extensively
Aug 30Here's Why We Think Wonder Fibromats (NSE:WFL) Might Deserve Your Attention Today
Sep 08Wonder Fibromats (NSE:WFL) Seems To Use Debt Quite Sensibly
Jun 22These 4 Measures Indicate That Wonder Fibromats (NSE:WFL) Is Using Debt Extensively
Mar 24Wonder Fibromats Limited's (NSE:WFL) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Jan 26Wonder Fibromats (NSE:WFL) Has A Somewhat Strained Balance Sheet
Nov 30Financial Position Analysis
Short Term Liabilities: WEL's short term assets (₹2.2B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: WEL's short term assets (₹2.2B) exceed its long term liabilities (₹85.6M).
Debt to Equity History and Analysis
Debt Level: WEL's net debt to equity ratio (54.8%) is considered high.
Reducing Debt: WEL's debt to equity ratio has increased from 41.7% to 55.2% over the past 5 years.
Debt Coverage: WEL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: WEL's interest payments on its debt are well covered by EBIT (4.1x coverage).