Western Carriers (India) Balance Sheet Health
Financial Health criteria checks 3/6
Western Carriers (India) has a total shareholder equity of ₹4.0B and total debt of ₹2.7B, which brings its debt-to-equity ratio to 66.8%. Its total assets and total liabilities are ₹7.5B and ₹3.6B respectively. Western Carriers (India)'s EBIT is ₹1.2B making its interest coverage ratio 7.8. It has cash and short-term investments of ₹18.8M.
Key information
66.8%
Debt to equity ratio
₹2.66b
Debt
| Interest coverage ratio | 7.8x |
| Cash | ₹18.79m |
| Equity | ₹3.98b |
| Total liabilities | ₹3.56b |
| Total assets | ₹7.54b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: WCIL's short term assets (₹6.2B) exceed its short term liabilities (₹3.2B).
Long Term Liabilities: WCIL's short term assets (₹6.2B) exceed its long term liabilities (₹314.1M).
Debt to Equity History and Analysis
Debt Level: WCIL's net debt to equity ratio (66.3%) is considered high.
Reducing Debt: Insufficient data to determine if WCIL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: WCIL's debt is not well covered by operating cash flow (0.3%).
Interest Coverage: WCIL's interest payments on its debt are well covered by EBIT (7.8x coverage).