Sandhar Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Sandhar Technologies has a total shareholder equity of ₹9.6B and total debt of ₹6.7B, which brings its debt-to-equity ratio to 69.6%. Its total assets and total liabilities are ₹22.7B and ₹13.1B respectively. Sandhar Technologies's EBIT is ₹1.7B making its interest coverage ratio 3.7. It has cash and short-term investments of ₹236.0M.
Key information
69.6%
Debt to equity ratio
₹6.68b
Debt
Interest coverage ratio | 3.7x |
Cash | ₹236.04m |
Equity | ₹9.60b |
Total liabilities | ₹13.08b |
Total assets | ₹22.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541163's short term assets (₹8.4B) do not cover its short term liabilities (₹8.8B).
Long Term Liabilities: 541163's short term assets (₹8.4B) exceed its long term liabilities (₹4.3B).
Debt to Equity History and Analysis
Debt Level: 541163's net debt to equity ratio (67.1%) is considered high.
Reducing Debt: 541163's debt to equity ratio has increased from 44.8% to 69.6% over the past 5 years.
Debt Coverage: 541163's debt is well covered by operating cash flow (54.2%).
Interest Coverage: 541163's interest payments on its debt are well covered by EBIT (3.7x coverage).