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
Here's Why Sundaram Brake Linings (NSE:SUNDRMBRAK) Can Manage Its Debt Responsibly
Dec 06
Sundaram Brake Linings (NSE:SUNDRMBRAK) Is Making Moderate Use Of Debt
Jun 06Here's Why Sundaram Brake Linings (NSE:SUNDRMBRAK) Can Afford Some Debt
Jul 06Is Sundaram Brake Linings (NSE:SUNDRMBRAK) A Risky Investment?
Jan 04Recent updates
Investors Will Want Sundaram Brake Linings' (NSE:SUNDRMBRAK) Growth In ROCE To Persist
Feb 10Here's Why Sundaram Brake Linings (NSE:SUNDRMBRAK) Can Manage Its Debt Responsibly
Dec 06Sundaram Brake Linings' (NSE:SUNDRMBRAK) Returns On Capital Not Reflecting Well On The Business
Oct 10Sundaram Brake Linings (NSE:SUNDRMBRAK) Is Making Moderate Use Of Debt
Jun 06Here's Why Sundaram Brake Linings (NSE:SUNDRMBRAK) Can Afford Some Debt
Jul 06Sundaram Brake Linings (NSE:SUNDRMBRAK) May Have Issues Allocating Its Capital
Jan 12We Think Shareholders Are Less Likely To Approve A Pay Rise For Sundaram Brake Linings Limited's (NSE:SUNDRMBRAK) CEO For Now
Aug 04Returns On Capital Are Showing Encouraging Signs At Sundaram Brake Linings (NSE:SUNDRMBRAK)
May 13Estimating The Intrinsic Value Of Sundaram Brake Linings Limited (NSE:SUNDRMBRAK)
Mar 23Sundaram Brake Linings Limited's (NSE:SUNDRMBRAK) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Mar 02Will The ROCE Trend At Sundaram Brake Linings (NSE:SUNDRMBRAK) Continue?
Feb 10Is Sundaram Brake Linings (NSE:SUNDRMBRAK) A Risky Investment?
Jan 04Financial Position Analysis
Short Term Liabilities: SUNDRMBRAK's short term assets (₹1.2B) exceed its short term liabilities (₹848.5M).
Long Term Liabilities: SUNDRMBRAK's short term assets (₹1.2B) exceed its long term liabilities (₹152.7M).
Debt to Equity History and Analysis
Debt Level: SUNDRMBRAK's net debt to equity ratio (39.4%) is considered satisfactory.
Reducing Debt: SUNDRMBRAK's debt to equity ratio has reduced from 40.6% to 40.4% over the past 5 years.
Debt Coverage: SUNDRMBRAK's debt is well covered by operating cash flow (63.7%).
Interest Coverage: SUNDRMBRAK's interest payments on its debt are well covered by EBIT (4.5x coverage).