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
Recent updates
We Think That There Are Some Issues For Sona BLW Precision Forgings (NSE:SONACOMS) Beyond Its Promising Earnings
Oct 31
Sona BLW Precision Forgings Limited (NSE:SONACOMS) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Oct 26Investors Interested In Sona BLW Precision Forgings Limited's (NSE:SONACOMS) Earnings
Aug 17It's Unlikely That Sona BLW Precision Forgings Limited's (NSE:SONACOMS) CEO Will See A Huge Pay Rise This Year
Jun 22Why You Should Care About Sona BLW Precision Forgings' (NSE:SONACOMS) Strong Returns On Capital
Apr 12Sona 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 (₹37.2B) exceed its short term liabilities (₹5.7B).
Long Term Liabilities: SONACOMS's short term assets (₹37.2B) exceed its long term liabilities (₹3.4B).
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 33.3% to 0.2% over the past 5 years.
Debt Coverage: SONACOMS's debt is well covered by operating cash flow (9651.2%).
Interest Coverage: SONACOMS's interest payments on its debt are well covered by EBIT (39.6x coverage).