Salzer Electronics Balance Sheet Health
Financial Health criteria checks 3/6
Salzer Electronics has a total shareholder equity of ₹4.4B and total debt of ₹3.0B, which brings its debt-to-equity ratio to 68.6%. Its total assets and total liabilities are ₹9.3B and ₹4.9B respectively. Salzer Electronics's EBIT is ₹905.1M making its interest coverage ratio 4.2. It has cash and short-term investments of ₹143.2M.
Key information
68.6%
Debt to equity ratio
₹3.01b
Debt
Interest coverage ratio | 4.2x |
Cash | ₹143.24m |
Equity | ₹4.38b |
Total liabilities | ₹4.92b |
Total assets | ₹9.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517059's short term assets (₹6.6B) exceed its short term liabilities (₹4.6B).
Long Term Liabilities: 517059's short term assets (₹6.6B) exceed its long term liabilities (₹352.1M).
Debt to Equity History and Analysis
Debt Level: 517059's net debt to equity ratio (65.4%) is considered high.
Reducing Debt: 517059's debt to equity ratio has increased from 44.2% to 68.6% over the past 5 years.
Debt Coverage: 517059's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 517059's interest payments on its debt are well covered by EBIT (4.2x coverage).