Energy Development Balance Sheet Health
Financial Health criteria checks 2/6
Energy Development has a total shareholder equity of ₹1.0B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 150.3%. Its total assets and total liabilities are ₹3.5B and ₹2.5B respectively. Energy Development's EBIT is ₹100.9M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹167.5M.
Key information
150.3%
Debt to equity ratio
₹1.51b
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₹167.48m |
| Equity | ₹1.01b |
| Total liabilities | ₹2.50b |
| Total assets | ₹3.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532219's short term assets (₹1.3B) do not cover its short term liabilities (₹1.6B).
Long Term Liabilities: 532219's short term assets (₹1.3B) exceed its long term liabilities (₹871.8M).
Debt to Equity History and Analysis
Debt Level: 532219's net debt to equity ratio (133.6%) is considered high.
Reducing Debt: 532219's debt to equity ratio has reduced from 186.7% to 150.3% over the past 5 years.
Debt Coverage: 532219's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: 532219's interest payments on its debt are not well covered by EBIT (1.3x coverage).