Saakshi Medtech and Panels Balance Sheet Health
Financial Health criteria checks 4/6
Saakshi Medtech and Panels has a total shareholder equity of ₹422.4M and total debt of ₹200.7M, which brings its debt-to-equity ratio to 47.5%. Its total assets and total liabilities are ₹932.4M and ₹510.0M respectively. Saakshi Medtech and Panels's EBIT is ₹179.0M making its interest coverage ratio 15.5. It has cash and short-term investments of ₹31.6M.
Key information
47.5%
Debt to equity ratio
₹200.75m
Debt
Interest coverage ratio | 15.5x |
Cash | ₹31.57m |
Equity | ₹422.41m |
Total liabilities | ₹510.02m |
Total assets | ₹932.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAAKSHI's short term assets (₹561.1M) exceed its short term liabilities (₹409.2M).
Long Term Liabilities: SAAKSHI's short term assets (₹561.1M) exceed its long term liabilities (₹100.8M).
Debt to Equity History and Analysis
Debt Level: SAAKSHI's net debt to equity ratio (40.1%) is considered high.
Reducing Debt: Insufficient data to determine if SAAKSHI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SAAKSHI's debt is well covered by operating cash flow (52.5%).
Interest Coverage: SAAKSHI's interest payments on its debt are well covered by EBIT (15.5x coverage).