Sarthak Industries Balance Sheet Health
Financial Health criteria checks 5/6
Sarthak Industries has a total shareholder equity of ₹400.9M and total debt of ₹29.8M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are ₹608.6M and ₹207.7M respectively. Sarthak Industries's EBIT is ₹1.4M making its interest coverage ratio -0.1. It has cash and short-term investments of ₹28.2M.
Key information
7.4%
Debt to equity ratio
₹29.77m
Debt
Interest coverage ratio | -0.06x |
Cash | ₹28.19m |
Equity | ₹400.90m |
Total liabilities | ₹207.65m |
Total assets | ₹608.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531930's short term assets (₹409.0M) exceed its short term liabilities (₹202.7M).
Long Term Liabilities: 531930's short term assets (₹409.0M) exceed its long term liabilities (₹4.9M).
Debt to Equity History and Analysis
Debt Level: 531930's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: 531930's debt to equity ratio has reduced from 18.6% to 7.4% over the past 5 years.
Debt Coverage: 531930's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531930 earns more interest than it pays, so coverage of interest payments is not a concern.