Signet Industries Balance Sheet Health
Financial Health criteria checks 2/6
Signet Industries has a total shareholder equity of ₹2.1B and total debt of ₹3.5B, which brings its debt-to-equity ratio to 165.7%. Its total assets and total liabilities are ₹7.5B and ₹5.4B respectively. Signet Industries's EBIT is ₹741.5M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹189.9M.
Key information
165.7%
Debt to equity ratio
₹3.50b
Debt
Interest coverage ratio | 1.6x |
Cash | ₹189.92m |
Equity | ₹2.11b |
Total liabilities | ₹5.38b |
Total assets | ₹7.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512131's short term assets (₹6.5B) exceed its short term liabilities (₹4.7B).
Long Term Liabilities: 512131's short term assets (₹6.5B) exceed its long term liabilities (₹733.0M).
Debt to Equity History and Analysis
Debt Level: 512131's net debt to equity ratio (156.7%) is considered high.
Reducing Debt: 512131's debt to equity ratio has increased from 127.4% to 165.7% over the past 5 years.
Debt Coverage: 512131's debt is not well covered by operating cash flow (1.8%).
Interest Coverage: 512131's interest payments on its debt are not well covered by EBIT (1.6x coverage).