Sar Auto Products Balance Sheet Health
Financial Health criteria checks 4/6
Sar Auto Products has a total shareholder equity of ₹168.9M and total debt of ₹159.1M, which brings its debt-to-equity ratio to 94.2%. Its total assets and total liabilities are ₹346.6M and ₹177.8M respectively. Sar Auto Products's EBIT is ₹6.8M making its interest coverage ratio 6.3. It has cash and short-term investments of ₹152.3M.
Key information
94.2%
Debt to equity ratio
₹159.09m
Debt
| Interest coverage ratio | 6.3x |
| Cash | ₹152.30m |
| Equity | ₹168.86m |
| Total liabilities | ₹177.78m |
| Total assets | ₹346.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538992's short term assets (₹218.2M) exceed its short term liabilities (₹170.2M).
Long Term Liabilities: 538992's short term assets (₹218.2M) exceed its long term liabilities (₹7.6M).
Debt to Equity History and Analysis
Debt Level: 538992's net debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: 538992's debt to equity ratio has increased from 6.3% to 94.2% over the past 5 years.
Debt Coverage: 538992's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: 538992's interest payments on its debt are well covered by EBIT (6.3x coverage).