Synergy Green Industries Balance Sheet Health
Financial Health criteria checks 3/6
Synergy Green Industries has a total shareholder equity of ₹409.1M and total debt of ₹772.7M, which brings its debt-to-equity ratio to 188.9%. Its total assets and total liabilities are ₹1.9B and ₹1.5B respectively. Synergy Green Industries's EBIT is ₹285.3M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹59.8M.
Key information
188.9%
Debt to equity ratio
₹772.69m
Debt
Interest coverage ratio | 2.5x |
Cash | ₹59.80m |
Equity | ₹409.05m |
Total liabilities | ₹1.50b |
Total assets | ₹1.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541929's short term assets (₹1.1B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 541929's short term assets (₹1.1B) exceed its long term liabilities (₹399.2M).
Debt to Equity History and Analysis
Debt Level: 541929's net debt to equity ratio (174.3%) is considered high.
Reducing Debt: 541929's debt to equity ratio has increased from 116.9% to 188.9% over the past 5 years.
Debt Coverage: 541929's debt is well covered by operating cash flow (62.4%).
Interest Coverage: 541929's interest payments on its debt are not well covered by EBIT (2.5x coverage).