Sejal Glass Balance Sheet Health
Financial Health criteria checks 2/6
Sejal Glass has a total shareholder equity of ₹294.7M and total debt of ₹1.4B, which brings its debt-to-equity ratio to 476.5%. Its total assets and total liabilities are ₹2.3B and ₹2.0B respectively. Sejal Glass's EBIT is ₹147.9M making its interest coverage ratio 1.2. It has cash and short-term investments of ₹25.7M.
Key information
476.5%
Debt to equity ratio
₹1.40b
Debt
| Interest coverage ratio | 1.2x |
| Cash | ₹25.75m |
| Equity | ₹294.69m |
| Total liabilities | ₹2.01b |
| Total assets | ₹2.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532993's short term assets (₹950.1M) exceed its short term liabilities (₹607.7M).
Long Term Liabilities: 532993's short term assets (₹950.1M) do not cover its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: 532993's net debt to equity ratio (467.7%) is considered high.
Reducing Debt: 532993 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 532993's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532993's interest payments on its debt are not well covered by EBIT (1.2x coverage).