Sunita Tools Balance Sheet Health
Financial Health criteria checks 5/6
Sunita Tools has a total shareholder equity of ₹461.9M and total debt of ₹19.9M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are ₹523.9M and ₹62.0M respectively. Sunita Tools's EBIT is ₹93.3M making its interest coverage ratio 15.8. It has cash and short-term investments of ₹6.0M.
Key information
4.3%
Debt to equity ratio
₹19.94m
Debt
| Interest coverage ratio | 15.8x |
| Cash | ₹5.97m |
| Equity | ₹461.87m |
| Total liabilities | ₹62.03m |
| Total assets | ₹523.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544001's short term assets (₹342.5M) exceed its short term liabilities (₹60.9M).
Long Term Liabilities: 544001's short term assets (₹342.5M) exceed its long term liabilities (₹1.2M).
Debt to Equity History and Analysis
Debt Level: 544001's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: 544001 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 544001's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544001's interest payments on its debt are well covered by EBIT (15.8x coverage).