Sundram Fasteners Balance Sheet Health
Financial Health criteria checks 6/6
Sundram Fasteners has a total shareholder equity of ₹36.6B and total debt of ₹8.2B, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are ₹53.8B and ₹17.2B respectively. Sundram Fasteners's EBIT is ₹7.1B making its interest coverage ratio 28.5. It has cash and short-term investments of ₹486.8M.
Key information
22.4%
Debt to equity ratio
₹8.19b
Debt
| Interest coverage ratio | 28.5x |
| Cash | ₹486.80m |
| Equity | ₹36.61b |
| Total liabilities | ₹17.20b |
| Total assets | ₹53.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500403's short term assets (₹26.4B) exceed its short term liabilities (₹14.6B).
Long Term Liabilities: 500403's short term assets (₹26.4B) exceed its long term liabilities (₹2.6B).
Debt to Equity History and Analysis
Debt Level: 500403's net debt to equity ratio (21%) is considered satisfactory.
Reducing Debt: 500403's debt to equity ratio has reduced from 51.1% to 22.4% over the past 5 years.
Debt Coverage: 500403's debt is well covered by operating cash flow (49.7%).
Interest Coverage: 500403's interest payments on its debt are well covered by EBIT (28.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 22:23 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sundram Fasteners Limited is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Abhishek Banerjee | Asian Markets Securities Private Limited |
| Vijayaraghavan Swaminathan | Avendus Spark |
| Mukesh Saraf | Avendus Spark |