Sobhagya Mercantile Balance Sheet Health
Financial Health criteria checks 5/6
Sobhagya Mercantile has a total shareholder equity of ₹441.8M and total debt of ₹106.1M, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are ₹1.2B and ₹719.1M respectively.
Key information
24.0%
Debt to equity ratio
₹106.11m
Debt
Interest coverage ratio | n/a |
Cash | ₹23.79m |
Equity | ₹441.79m |
Total liabilities | ₹719.10m |
Total assets | ₹1.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512014's short term assets (₹1.1B) exceed its short term liabilities (₹701.2M).
Long Term Liabilities: 512014's short term assets (₹1.1B) exceed its long term liabilities (₹17.9M).
Debt to Equity History and Analysis
Debt Level: 512014's net debt to equity ratio (18.6%) is considered satisfactory.
Reducing Debt: 512014's debt to equity ratio has reduced from 689.2% to 24% over the past 5 years.
Debt Coverage: 512014's debt is well covered by operating cash flow (82.5%).
Interest Coverage: Insufficient data to determine if 512014's interest payments on its debt are well covered by EBIT.