Suncare Traders Balance Sheet Health
Financial Health criteria checks 3/6
Suncare Traders has a total shareholder equity of ₹397.0M and total debt of ₹55.5M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are ₹460.8M and ₹63.8M respectively.
Key information
14.0%
Debt to equity ratio
₹55.50m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹11.69m |
| Equity | ₹397.05m |
| Total liabilities | ₹63.79m |
| Total assets | ₹460.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539526's short term assets (₹26.0M) exceed its short term liabilities (₹7.4M).
Long Term Liabilities: 539526's short term assets (₹26.0M) do not cover its long term liabilities (₹56.4M).
Debt to Equity History and Analysis
Debt Level: 539526's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: 539526's debt to equity ratio has increased from 10.1% to 14% over the past 5 years.
Debt Coverage: 539526's debt is well covered by operating cash flow (113.1%).
Interest Coverage: Insufficient data to determine if 539526's interest payments on its debt are well covered by EBIT.