Samkrg Pistons and Rings Balance Sheet Health
Financial Health criteria checks 5/6
Samkrg Pistons and Rings has a total shareholder equity of ₹1.9B and total debt of ₹300.7M, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are ₹2.6B and ₹719.8M respectively. Samkrg Pistons and Rings's EBIT is ₹216.2M making its interest coverage ratio 5.1. It has cash and short-term investments of ₹10.5M.
Key information
15.8%
Debt to equity ratio
₹300.70m
Debt
| Interest coverage ratio | 5.1x |
| Cash | ₹10.50m |
| Equity | ₹1.90b |
| Total liabilities | ₹719.83m |
| Total assets | ₹2.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 520075's short term assets (₹1.1B) exceed its short term liabilities (₹569.9M).
Long Term Liabilities: 520075's short term assets (₹1.1B) exceed its long term liabilities (₹150.0M).
Debt to Equity History and Analysis
Debt Level: 520075's net debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: 520075's debt to equity ratio has increased from 15.8% to 15.8% over the past 5 years.
Debt Coverage: 520075's debt is well covered by operating cash flow (69.2%).
Interest Coverage: 520075's interest payments on its debt are well covered by EBIT (5.1x coverage).