Sona BLW Precision Forgings Balance Sheet Health
Financial Health criteria checks 6/6
Sona BLW Precision Forgings has a total shareholder equity of ₹53.8B and total debt of ₹89.1M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ₹62.9B and ₹9.1B respectively. Sona BLW Precision Forgings's EBIT is ₹7.4B making its interest coverage ratio 39.6. It has cash and short-term investments of ₹29.3B.
Key information
0.2%
Debt to equity ratio
₹89.05m
Debt
| Interest coverage ratio | 39.6x |
| Cash | ₹29.35b |
| Equity | ₹53.82b |
| Total liabilities | ₹9.08b |
| Total assets | ₹62.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543300's short term assets (₹37.2B) exceed its short term liabilities (₹5.7B).
Long Term Liabilities: 543300's short term assets (₹37.2B) exceed its long term liabilities (₹3.4B).
Debt to Equity History and Analysis
Debt Level: 543300 has more cash than its total debt.
Reducing Debt: 543300's debt to equity ratio has reduced from 33.3% to 0.2% over the past 5 years.
Debt Coverage: 543300's debt is well covered by operating cash flow (9651.2%).
Interest Coverage: 543300's interest payments on its debt are well covered by EBIT (39.6x coverage).