Stratmont Industries Balance Sheet Health
Financial Health criteria checks 5/6
Stratmont Industries has a total shareholder equity of ₹295.0M and total debt of ₹32.1M, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are ₹593.5M and ₹298.5M respectively. Stratmont Industries's EBIT is ₹25.0M making its interest coverage ratio 5.2. It has cash and short-term investments of ₹2.8M.
Key information
10.9%
Debt to equity ratio
₹32.13m
Debt
| Interest coverage ratio | 5.2x |
| Cash | ₹2.78m |
| Equity | ₹294.95m |
| Total liabilities | ₹298.52m |
| Total assets | ₹593.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530495's short term assets (₹531.5M) exceed its short term liabilities (₹268.6M).
Long Term Liabilities: 530495's short term assets (₹531.5M) exceed its long term liabilities (₹29.9M).
Debt to Equity History and Analysis
Debt Level: 530495's net debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: 530495's debt to equity ratio has reduced from 161.8% to 10.9% 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 (5.2x coverage).