Sundaram Brake Linings Balance Sheet Health
Financial Health criteria checks 4/6
Sundaram Brake Linings has a total shareholder equity of ₹950.6M and total debt of ₹442.3M, which brings its debt-to-equity ratio to 46.5%. Its total assets and total liabilities are ₹2.1B and ₹1.1B respectively. Sundaram Brake Linings's EBIT is ₹116.3M making its interest coverage ratio 3.5. It has cash and short-term investments of ₹3.3M.
Key information
46.5%
Debt to equity ratio
₹442.28m
Debt
Interest coverage ratio | 3.5x |
Cash | ₹3.35m |
Equity | ₹950.59m |
Total liabilities | ₹1.11b |
Total assets | ₹2.06b |
Recent financial health updates
Here's Why Sundaram Brake Linings (NSE:SUNDRMBRAK) Can Manage Its Debt Responsibly
Dec 06Sundaram 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
Market Still Lacking Some Conviction On Sundaram Brake Linings Limited (NSE:SUNDRMBRAK)
May 22Investors 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 (₹1.3B) exceed its short term liabilities (₹967.7M).
Long Term Liabilities: SUNDRMBRAK's short term assets (₹1.3B) exceed its long term liabilities (₹144.9M).
Debt to Equity History and Analysis
Debt Level: SUNDRMBRAK's net debt to equity ratio (46.2%) is considered high.
Reducing Debt: SUNDRMBRAK's debt to equity ratio has increased from 40.7% to 46.5% over the past 5 years.
Debt Coverage: SUNDRMBRAK's debt is well covered by operating cash flow (34.4%).
Interest Coverage: SUNDRMBRAK's interest payments on its debt are well covered by EBIT (3.5x coverage).