Standard Industries Balance Sheet Health
Financial Health criteria checks 4/6
Standard Industries has a total shareholder equity of ₹1.3B and total debt of ₹248.0M, which brings its debt-to-equity ratio to 18.7%. Its total assets and total liabilities are ₹1.8B and ₹448.9M respectively.
Key information
18.7%
Debt to equity ratio
₹247.96m
Debt
Interest coverage ratio | n/a |
Cash | ₹495.36m |
Equity | ₹1.33b |
Total liabilities | ₹448.91m |
Total assets | ₹1.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530017's short term assets (₹1.1B) exceed its short term liabilities (₹152.3M).
Long Term Liabilities: 530017's short term assets (₹1.1B) exceed its long term liabilities (₹296.6M).
Debt to Equity History and Analysis
Debt Level: 530017 has more cash than its total debt.
Reducing Debt: 530017's debt to equity ratio has reduced from 5090.2% to 18.7% over the past 5 years.
Debt Coverage: 530017's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 530017's interest payments on its debt are well covered by EBIT.