Sona BLW Precision Forgings Balance Sheet Health
Financial Health criteria checks 6/6
Sona BLW Precision Forgings has a total shareholder equity of ₹24.9B and total debt of ₹3.9B, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are ₹35.1B and ₹10.2B respectively. Sona BLW Precision Forgings's EBIT is ₹6.5B making its interest coverage ratio 37.1. It has cash and short-term investments of ₹2.4B.
Key information
15.5%
Debt to equity ratio
₹3.86b
Debt
| Interest coverage ratio | 37.1x |
| Cash | ₹2.44b |
| Equity | ₹24.93b |
| Total liabilities | ₹10.19b |
| Total assets | ₹35.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543300's short term assets (₹13.5B) exceed its short term liabilities (₹7.1B).
Long Term Liabilities: 543300's short term assets (₹13.5B) exceed its long term liabilities (₹3.1B).
Debt to Equity History and Analysis
Debt Level: 543300's net debt to equity ratio (5.7%) is considered satisfactory.
Reducing Debt: 543300's debt to equity ratio has reduced from 172.2% to 15.5% over the past 5 years.
Debt Coverage: 543300's debt is well covered by operating cash flow (156.1%).
Interest Coverage: 543300's interest payments on its debt are well covered by EBIT (37.1x coverage).