Somi Conveyor Beltings Balance Sheet Health
Financial Health criteria checks 6/6
Somi Conveyor Beltings has a total shareholder equity of ₹741.5M and total debt of ₹141.3M, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are ₹1.1B and ₹341.6M respectively. Somi Conveyor Beltings's EBIT is ₹91.8M making its interest coverage ratio 10.9. It has cash and short-term investments of ₹99.5M.
Key information
19.1%
Debt to equity ratio
₹141.32m
Debt
| Interest coverage ratio | 10.9x |
| Cash | ₹99.51m |
| Equity | ₹741.50m |
| Total liabilities | ₹341.57m |
| Total assets | ₹1.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533001's short term assets (₹787.3M) exceed its short term liabilities (₹329.6M).
Long Term Liabilities: 533001's short term assets (₹787.3M) exceed its long term liabilities (₹12.0M).
Debt to Equity History and Analysis
Debt Level: 533001's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: 533001's debt to equity ratio has reduced from 36.6% to 19.1% over the past 5 years.
Debt Coverage: 533001's debt is well covered by operating cash flow (42.2%).
Interest Coverage: 533001's interest payments on its debt are well covered by EBIT (10.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 16:39 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Somi Conveyor Beltings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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