Simmonds Marshall Balance Sheet Health
Financial Health criteria checks 4/6
Simmonds Marshall has a total shareholder equity of ₹334.7M and total debt of ₹450.1M, which brings its debt-to-equity ratio to 134.5%. Its total assets and total liabilities are ₹1.6B and ₹1.3B respectively. Simmonds Marshall's EBIT is ₹68.9M making its interest coverage ratio 0.8. It has cash and short-term investments of ₹4.3M.
Key information
134.5%
Debt to equity ratio
₹450.12m
Debt
Interest coverage ratio | 0.8x |
Cash | ₹4.31m |
Equity | ₹334.68m |
Total liabilities | ₹1.30b |
Total assets | ₹1.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507998's short term assets (₹875.5M) exceed its short term liabilities (₹759.4M).
Long Term Liabilities: 507998's short term assets (₹875.5M) exceed its long term liabilities (₹537.2M).
Debt to Equity History and Analysis
Debt Level: 507998's net debt to equity ratio (133.2%) is considered high.
Reducing Debt: 507998's debt to equity ratio has increased from 49.8% to 134.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 507998 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 507998 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 38.8% per year.