Synergy Green Industries Balance Sheet Health
Financial Health criteria checks 2/6
Synergy Green Industries has a total shareholder equity of ₹538.1M and total debt of ₹1.1B, which brings its debt-to-equity ratio to 197.4%. Its total assets and total liabilities are ₹2.4B and ₹1.8B respectively. Synergy Green Industries's EBIT is ₹320.5M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹84.6M.
Key information
197.4%
Debt to equity ratio
₹1.06b
Debt
| Interest coverage ratio | 2.3x |
| Cash | ₹84.59m |
| Equity | ₹538.10m |
| Total liabilities | ₹1.84b |
| Total assets | ₹2.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541929's short term assets (₹1.3B) do not cover its short term liabilities (₹1.4B).
Long Term Liabilities: 541929's short term assets (₹1.3B) exceed its long term liabilities (₹438.1M).
Debt to Equity History and Analysis
Debt Level: 541929's net debt to equity ratio (181.7%) is considered high.
Reducing Debt: 541929's debt to equity ratio has increased from 126.5% to 197.4% over the past 5 years.
Debt Coverage: 541929's debt is well covered by operating cash flow (23.9%).
Interest Coverage: 541929's interest payments on its debt are not well covered by EBIT (2.3x coverage).