Salasar Techno Engineering Balance Sheet Health
Financial Health criteria checks 3/6
Salasar Techno Engineering has a total shareholder equity of ₹4.2B and total debt of ₹3.5B, which brings its debt-to-equity ratio to 83%. Its total assets and total liabilities are ₹10.3B and ₹6.1B respectively. Salasar Techno Engineering's EBIT is ₹1.1B making its interest coverage ratio 3.2. It has cash and short-term investments of ₹379.1M.
Key information
83.0%
Debt to equity ratio
₹3.46b
Debt
Interest coverage ratio | 3.2x |
Cash | ₹379.12m |
Equity | ₹4.17b |
Total liabilities | ₹6.10b |
Total assets | ₹10.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540642's short term assets (₹7.6B) exceed its short term liabilities (₹5.5B).
Long Term Liabilities: 540642's short term assets (₹7.6B) exceed its long term liabilities (₹603.9M).
Debt to Equity History and Analysis
Debt Level: 540642's net debt to equity ratio (73.9%) is considered high.
Reducing Debt: 540642's debt to equity ratio has increased from 71.9% to 83% over the past 5 years.
Debt Coverage: 540642's debt is not well covered by operating cash flow (19.1%).
Interest Coverage: 540642's interest payments on its debt are well covered by EBIT (3.2x coverage).