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 ₹1.3B, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are ₹6.5B and ₹1.9B respectively. Sicagen India's EBIT is ₹202.1M making its interest coverage ratio 4.2. It has cash and short-term investments of ₹436.6M.
Key information
27.7%
Debt to equity ratio
₹1.27b
Debt
Interest coverage ratio | 4.2x |
Cash | ₹436.60m |
Equity | ₹4.59b |
Total liabilities | ₹1.89b |
Total assets | ₹6.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533014's short term assets (₹4.3B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: 533014's short term assets (₹4.3B) exceed its long term liabilities (₹124.8M).
Debt to Equity History and Analysis
Debt Level: 533014's net debt to equity ratio (18.2%) is considered satisfactory.
Reducing Debt: 533014's debt to equity ratio has increased from 26% to 27.7% over the past 5 years.
Debt Coverage: 533014's debt is well covered by operating cash flow (35.7%).
Interest Coverage: 533014's interest payments on its debt are well covered by EBIT (4.2x coverage).