Samkrg Pistons and Rings Balance Sheet Health
Financial Health criteria checks 4/6
Samkrg Pistons and Rings has a total shareholder equity of ₹1.8B and total debt of ₹356.8M, which brings its debt-to-equity ratio to 19.6%. Its total assets and total liabilities are ₹2.4B and ₹577.4M respectively. Samkrg Pistons and Rings's EBIT is ₹169.0M making its interest coverage ratio 4.5. It has cash and short-term investments of ₹9.0M.
Key information
19.6%
Debt to equity ratio
₹356.77m
Debt
Interest coverage ratio | 4.5x |
Cash | ₹8.95m |
Equity | ₹1.82b |
Total liabilities | ₹577.41m |
Total assets | ₹2.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 520075's short term assets (₹1.0B) exceed its short term liabilities (₹417.2M).
Long Term Liabilities: 520075's short term assets (₹1.0B) exceed its long term liabilities (₹160.2M).
Debt to Equity History and Analysis
Debt Level: 520075's net debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: 520075's debt to equity ratio has increased from 11.3% to 19.6% over the past 5 years.
Debt Coverage: 520075's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: 520075's interest payments on its debt are well covered by EBIT (4.5x coverage).