Sobhagya Mercantile Balance Sheet Health
Financial Health criteria checks 5/6
Sobhagya Mercantile has a total shareholder equity of ₹666.0M and total debt of ₹96.5M, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are ₹1.2B and ₹533.3M respectively.
Key information
14.5%
Debt to equity ratio
₹96.50m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹13.54m |
| Equity | ₹665.95m |
| Total liabilities | ₹533.30m |
| Total assets | ₹1.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512014's short term assets (₹1.2B) exceed its short term liabilities (₹520.2M).
Long Term Liabilities: 512014's short term assets (₹1.2B) exceed its long term liabilities (₹13.1M).
Debt to Equity History and Analysis
Debt Level: 512014's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: 512014 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 512014's debt is well covered by operating cash flow (43.8%).
Interest Coverage: Insufficient data to determine if 512014's interest payments on its debt are well covered by EBIT.