Sicagen India Balance Sheet Health
Financial Health criteria checks 5/6
Sicagen India has a total shareholder equity of ₹4.6B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are ₹7.0B and ₹2.4B respectively. Sicagen India's EBIT is ₹180.5M making its interest coverage ratio 1.7. It has cash and short-term investments of ₹458.9M.
Key information
26.3%
Debt to equity ratio
₹1.21b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₹458.90m |
| Equity | ₹4.60b |
| Total liabilities | ₹2.39b |
| Total assets | ₹6.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533014's short term assets (₹4.8B) exceed its short term liabilities (₹2.2B).
Long Term Liabilities: 533014's short term assets (₹4.8B) exceed its long term liabilities (₹181.8M).
Debt to Equity History and Analysis
Debt Level: 533014's net debt to equity ratio (16.3%) is considered satisfactory.
Reducing Debt: 533014's debt to equity ratio has reduced from 30.8% to 26.3% over the past 5 years.
Debt Coverage: 533014's debt is well covered by operating cash flow (20.4%).
Interest Coverage: 533014's interest payments on its debt are not well covered by EBIT (1.7x coverage).