Energy Development Balance Sheet Health
Financial Health criteria checks 4/6
Energy Development has a total shareholder equity of ₹981.2M and total debt of ₹1.6B, which brings its debt-to-equity ratio to 159.5%. Its total assets and total liabilities are ₹3.6B and ₹2.6B respectively. Energy Development's EBIT is ₹62.3M making its interest coverage ratio 0.7. It has cash and short-term investments of ₹152.9M.
Key information
159.5%
Debt to equity ratio
₹1.57b
Debt
Interest coverage ratio | 0.7x |
Cash | ₹152.86m |
Equity | ₹981.19m |
Total liabilities | ₹2.58b |
Total assets | ₹3.56b |
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 (₹1.7B).
Long Term Liabilities: 532219's short term assets (₹1.3B) exceed its long term liabilities (₹919.9M).
Debt to Equity History and Analysis
Debt Level: 532219's net debt to equity ratio (143.9%) is considered high.
Reducing Debt: 532219's debt to equity ratio has reduced from 167.7% to 159.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 532219 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 532219 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5.2% per year.