Sona BLW Precision Forgings Balance Sheet Health
Financial Health criteria checks 6/6
Sona BLW Precision Forgings has a total shareholder equity of ₹28.0B and total debt of ₹2.3B, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are ₹38.6B and ₹10.6B respectively. Sona BLW Precision Forgings's EBIT is ₹6.8B making its interest coverage ratio 26.4. It has cash and short-term investments of ₹3.1B.
Key information
8.3%
Debt to equity ratio
₹2.33b
Debt
| Interest coverage ratio | 26.4x |
| Cash | ₹3.06b |
| Equity | ₹28.00b |
| Total liabilities | ₹10.65b |
| Total assets | ₹38.65b |
Recent financial health updates
Recent updates
Why You Should Care About Sona BLW Precision Forgings' (NSE:SONACOMS) Strong Returns On Capital
Apr 12
Sona BLW Precision Forgings Limited (NSE:SONACOMS) Not Flying Under The Radar
Mar 16Sona BLW Precision Forgings (NSE:SONACOMS) Seems To Use Debt Quite Sensibly
Feb 24Analyst Estimates: Here's What Brokers Think Of Sona BLW Precision Forgings Limited (NSE:SONACOMS) After Its Third-Quarter Report
Jan 26Some Investors May Be Worried About Sona BLW Precision Forgings' (NSE:SONACOMS) Returns On Capital
Dec 14Sona BLW Precision Forgings (NSE:SONACOMS) Is Very Good At Capital Allocation
Aug 19Capital Investment Trends At Sona BLW Precision Forgings (NSE:SONACOMS) Look Strong
May 01The Price Is Right For Sona BLW Precision Forgings Limited (NSE:SONACOMS)
Apr 05Sona BLW Precision Forgings (NSE:SONACOMS) Is Increasing Its Dividend To ₹1.28
Jan 27Sona BLW Precision Forgings (NSE:SONACOMS) Has Some Way To Go To Become A Multi-Bagger
Jan 01Sona BLW Precision Forgings (NSE:SONACOMS) May Have Issues Allocating Its Capital
Sep 14Sona BLW Precision Forgings Limited Just Recorded A 15% EPS Beat: Here's What Analysts Are Forecasting Next
May 09Financial Position Analysis
Short Term Liabilities: SONACOMS's short term assets (₹14.1B) exceed its short term liabilities (₹6.6B).
Long Term Liabilities: SONACOMS's short term assets (₹14.1B) exceed its long term liabilities (₹4.0B).
Debt to Equity History and Analysis
Debt Level: SONACOMS has more cash than its total debt.
Reducing Debt: SONACOMS's debt to equity ratio has reduced from 82.4% to 8.3% over the past 5 years.
Debt Coverage: SONACOMS's debt is well covered by operating cash flow (297.2%).
Interest Coverage: SONACOMS's interest payments on its debt are well covered by EBIT (26.4x coverage).