Sundaram Brake Linings Balance Sheet Health
Financial Health criteria checks 6/6
Sundaram Brake Linings has a total shareholder equity of ₹917.7M and total debt of ₹370.7M, which brings its debt-to-equity ratio to 40.4%. Its total assets and total liabilities are ₹1.9B and ₹1.0B respectively. Sundaram Brake Linings's EBIT is ₹154.2M making its interest coverage ratio 4.5. It has cash and short-term investments of ₹9.2M.
Key information
40.4%
Debt to equity ratio
₹370.68m
Debt
Interest coverage ratio | 4.5x |
Cash | ₹9.15m |
Equity | ₹917.67m |
Total liabilities | ₹1.00b |
Total assets | ₹1.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 590072's short term assets (₹1.2B) exceed its short term liabilities (₹848.5M).
Long Term Liabilities: 590072's short term assets (₹1.2B) exceed its long term liabilities (₹152.7M).
Debt to Equity History and Analysis
Debt Level: 590072's net debt to equity ratio (39.4%) is considered satisfactory.
Reducing Debt: 590072's debt to equity ratio has reduced from 40.6% to 40.4% over the past 5 years.
Debt Coverage: 590072's debt is well covered by operating cash flow (63.7%).
Interest Coverage: 590072's interest payments on its debt are well covered by EBIT (4.5x coverage).