Sify Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Sify Technologies has a total shareholder equity of ₹24.0B and total debt of ₹27.6B, which brings its debt-to-equity ratio to 114.8%. Its total assets and total liabilities are ₹71.0B and ₹47.0B respectively. Sify Technologies's EBIT is ₹2.1B making its interest coverage ratio 1.1. It has cash and short-term investments of ₹5.4B.
Key information
114.8%
Debt to equity ratio
₹27.59b
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₹5.39b |
| Equity | ₹24.03b |
| Total liabilities | ₹46.95b |
| Total assets | ₹70.98b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IWY's short term assets (₹24.2B) exceed its short term liabilities (₹23.4B).
Long Term Liabilities: IWY's short term assets (₹24.2B) exceed its long term liabilities (₹23.5B).
Debt to Equity History and Analysis
Debt Level: IWY's net debt to equity ratio (92.4%) is considered high.
Reducing Debt: IWY's debt to equity ratio has increased from 77.1% to 114.8% over the past 5 years.
Debt Coverage: IWY's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: IWY's interest payments on its debt are not well covered by EBIT (1.1x coverage).