Sify Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Sify Technologies has a total shareholder equity of ₹22.0B and total debt of ₹26.4B, which brings its debt-to-equity ratio to 119.8%. Its total assets and total liabilities are ₹68.5B and ₹46.5B respectively. Sify Technologies's EBIT is ₹2.0B making its interest coverage ratio 1. It has cash and short-term investments of ₹3.9B.
Key information
119.8%
Debt to equity ratio
₹26.37b
Debt
Interest coverage ratio | 1x |
Cash | ₹3.86b |
Equity | ₹22.01b |
Total liabilities | ₹46.52b |
Total assets | ₹68.53b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IWY1's short term assets (₹28.7B) exceed its short term liabilities (₹26.0B).
Long Term Liabilities: IWY1's short term assets (₹28.7B) exceed its long term liabilities (₹20.5B).
Debt to Equity History and Analysis
Debt Level: IWY1's net debt to equity ratio (102.3%) is considered high.
Reducing Debt: IWY1's debt to equity ratio has increased from 71.3% to 119.8% over the past 5 years.
Debt Coverage: IWY1's debt is well covered by operating cash flow (32.5%).
Interest Coverage: IWY1's interest payments on its debt are not well covered by EBIT (1x coverage).