Stratmont Industries Balance Sheet Health
Financial Health criteria checks 4/6
Stratmont Industries has a total shareholder equity of ₹29.8M and total debt of ₹30.0M, which brings its debt-to-equity ratio to 100.7%. Its total assets and total liabilities are ₹319.7M and ₹289.9M respectively. Stratmont Industries's EBIT is ₹21.9M making its interest coverage ratio 6.8. It has cash and short-term investments of ₹1.5M.
Key information
100.7%
Debt to equity ratio
₹30.02m
Debt
Interest coverage ratio | 6.8x |
Cash | ₹1.45m |
Equity | ₹29.80m |
Total liabilities | ₹289.89m |
Total assets | ₹319.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530495's short term assets (₹280.5M) exceed its short term liabilities (₹115.7M).
Long Term Liabilities: 530495's short term assets (₹280.5M) exceed its long term liabilities (₹174.2M).
Debt to Equity History and Analysis
Debt Level: 530495's net debt to equity ratio (95.9%) is considered high.
Reducing Debt: 530495's debt to equity ratio has reduced from 153.6% to 100.7% over the past 5 years.
Debt Coverage: 530495's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 530495's interest payments on its debt are well covered by EBIT (6.8x coverage).