Salasar Techno Engineering Balance Sheet Health
Financial Health criteria checks 4/6
Salasar Techno Engineering has a total shareholder equity of ₹4.5B and total debt of ₹3.5B, which brings its debt-to-equity ratio to 77.4%. Its total assets and total liabilities are ₹11.5B and ₹7.0B respectively. Salasar Techno Engineering's EBIT is ₹1.1B making its interest coverage ratio 2.6. It has cash and short-term investments of ₹1.8B.
Key information
77.4%
Debt to equity ratio
₹3.49b
Debt
| Interest coverage ratio | 2.6x |
| Cash | ₹1.78b |
| Equity | ₹4.51b |
| Total liabilities | ₹7.00b |
| Total assets | ₹11.51b |
Recent financial health updates
Salasar Techno Engineering (NSE:SALASAR) Has A Pretty Healthy Balance Sheet
Jun 16
Salasar Techno Engineering (NSE:SALASAR) Takes On Some Risk With Its Use Of Debt
Jan 28Is Salasar Techno Engineering (NSE:SALASAR) Using Too Much Debt?
Jun 28Salasar Techno Engineering (NSE:SALASAR) Has A Somewhat Strained Balance Sheet
Mar 16Recent updates
Salasar Techno Engineering Limited (NSE:SALASAR) Looks Just Right With A 33% Price Jump
Jan 20Salasar Techno Engineering (NSE:SALASAR) May Have Issues Allocating Its Capital
Jan 05Salasar Techno Engineering Limited's (NSE:SALASAR) CEO Looks Due For A Compensation Raise
Sep 17Salasar Techno Engineering (NSE:SALASAR) Has Announced A Dividend Of ₹0.10
Sep 01Salasar Techno Engineering (NSE:SALASAR) Has Affirmed Its Dividend Of ₹0.10
Aug 17Salasar Techno Engineering (NSE:SALASAR) Has A Pretty Healthy Balance Sheet
Jun 16There Are Reasons To Feel Uneasy About Salasar Techno Engineering's (NSE:SALASAR) Returns On Capital
Apr 25Salasar Techno Engineering (NSE:SALASAR) Takes On Some Risk With Its Use Of Debt
Jan 28Capital Allocation Trends At Salasar Techno Engineering (NSE:SALASAR) Aren't Ideal
Dec 19Salasar Techno Engineering (NSE:SALASAR) Is Paying Out A Dividend Of ₹1.00
Sep 03Salasar Techno Engineering (NSE:SALASAR) Is Paying Out A Dividend Of ₹1.00
Aug 19Is Salasar Techno Engineering (NSE:SALASAR) Using Too Much Debt?
Jun 28Returns On Capital Signal Tricky Times Ahead For Salasar Techno Engineering (NSE:SALASAR)
May 12Does Salasar Techno Engineering (NSE:SALASAR) Deserve A Spot On Your Watchlist?
Apr 12Returns On Capital At Salasar Techno Engineering (NSE:SALASAR) Paint A Concerning Picture
Jan 26Shareholders May Not Be So Generous With Salasar Techno Engineering Limited's (NSE:SALASAR) CEO Compensation And Here's Why
Sep 11Capital Allocation Trends At Salasar Techno Engineering (NSE:SALASAR) Aren't Ideal
Aug 11Salasar Techno Engineering's (NSE:SALASAR) Earnings Are Of Questionable Quality
Jun 09Salasar Techno Engineering (NSE:SALASAR) Has A Somewhat Strained Balance Sheet
Mar 16Here's What To Make Of Salasar Techno Engineering's (NSE:SALASAR) Returns On Capital
Feb 23Is Salasar Techno Engineering's (NSE:SALASAR) 179% Share Price Increase Well Justified?
Feb 08Financial Position Analysis
Short Term Liabilities: SALASAR's short term assets (₹8.8B) exceed its short term liabilities (₹6.5B).
Long Term Liabilities: SALASAR's short term assets (₹8.8B) exceed its long term liabilities (₹515.5M).
Debt to Equity History and Analysis
Debt Level: SALASAR's net debt to equity ratio (37.8%) is considered satisfactory.
Reducing Debt: SALASAR's debt to equity ratio has reduced from 79.1% to 77.4% over the past 5 years.
Debt Coverage: SALASAR's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: SALASAR's interest payments on its debt are not well covered by EBIT (2.6x coverage).