Sicagen India Balance Sheet Health
Financial Health criteria checks 4/6
Sicagen India has a total shareholder equity of ₹4.9B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 27.3%. Its total assets and total liabilities are ₹7.0B and ₹2.1B respectively. Sicagen India's EBIT is ₹215.5M making its interest coverage ratio 4.9. It has cash and short-term investments of ₹590.7M.
Key information
27.3%
Debt to equity ratio
₹1.33b
Debt
| Interest coverage ratio | 4.9x |
| Cash | ₹590.70m |
| Equity | ₹4.87b |
| Total liabilities | ₹2.11b |
| Total assets | ₹6.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533014's short term assets (₹4.7B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: 533014's short term assets (₹4.7B) exceed its long term liabilities (₹200.7M).
Debt to Equity History and Analysis
Debt Level: 533014's net debt to equity ratio (15.2%) is considered satisfactory.
Reducing Debt: 533014's debt to equity ratio has increased from 24.5% to 27.3% over the past 5 years.
Debt Coverage: 533014's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: 533014's interest payments on its debt are well covered by EBIT (4.9x coverage).