Wonder Electricals Balance Sheet Health
Financial Health criteria checks 6/6
Wonder Electricals has a total shareholder equity of ₹602.5M and total debt of ₹206.4M, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are ₹1.7B and ₹1.1B respectively. Wonder Electricals's EBIT is ₹153.1M making its interest coverage ratio 4.4. It has cash and short-term investments of ₹1.4M.
Key information
34.3%
Debt to equity ratio
₹206.45m
Debt
| Interest coverage ratio | 4.4x |
| Cash | ₹1.41m |
| Equity | ₹602.48m |
| Total liabilities | ₹1.12b |
| Total assets | ₹1.72b |
Recent financial health updates
We Think Wonder Electricals (NSE:WEL) Can Stay On Top Of Its Debt
Mar 26
Wonder 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 24Wonder Fibromats (NSE:WFL) Has A Somewhat Strained Balance Sheet
Nov 30Recent updates
There'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 (₹1.4B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: WEL's short term assets (₹1.4B) exceed its long term liabilities (₹70.8M).
Debt to Equity History and Analysis
Debt Level: WEL's net debt to equity ratio (34%) is considered satisfactory.
Reducing Debt: WEL's debt to equity ratio has reduced from 139.3% to 34.3% over the past 5 years.
Debt Coverage: WEL's debt is well covered by operating cash flow (30.9%).
Interest Coverage: WEL's interest payments on its debt are well covered by EBIT (4.4x coverage).