Sharp Chucks and Machines Balance Sheet Health
Financial Health criteria checks 2/6
Sharp Chucks and Machines has a total shareholder equity of ₹523.5M and total debt of ₹903.4M, which brings its debt-to-equity ratio to 172.6%. Its total assets and total liabilities are ₹1.8B and ₹1.3B respectively. Sharp Chucks and Machines's EBIT is ₹153.9M making its interest coverage ratio 2.1. It has cash and short-term investments of ₹13.6M.
Key information
172.6%
Debt to equity ratio
₹903.42m
Debt
Interest coverage ratio | 2.1x |
Cash | ₹13.59m |
Equity | ₹523.48m |
Total liabilities | ₹1.28b |
Total assets | ₹1.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCML's short term assets (₹994.9M) exceed its short term liabilities (₹900.7M).
Long Term Liabilities: SCML's short term assets (₹994.9M) exceed its long term liabilities (₹376.2M).
Debt to Equity History and Analysis
Debt Level: SCML's net debt to equity ratio (170%) is considered high.
Reducing Debt: Insufficient data to determine if SCML's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SCML's debt is not well covered by operating cash flow (16.7%).
Interest Coverage: SCML's interest payments on its debt are not well covered by EBIT (2.1x coverage).