Salasar Techno Engineering Balance Sheet Health
Financial Health criteria checks 3/6
Salasar Techno Engineering has a total shareholder equity of ₹7.0B and total debt of ₹3.7B, which brings its debt-to-equity ratio to 52.5%. Its total assets and total liabilities are ₹14.4B and ₹7.3B respectively. Salasar Techno Engineering's EBIT is ₹1.2B making its interest coverage ratio 2.9. It has cash and short-term investments of ₹248.6M.
Key information
52.5%
Debt to equity ratio
₹3.69b
Debt
| Interest coverage ratio | 2.9x |
| Cash | ₹248.63m |
| Equity | ₹7.04b |
| Total liabilities | ₹7.33b |
| Total assets | ₹14.37b |
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 28Recent updates
Salasar Techno Engineering's (NSE:SALASAR) Returns On Capital Not Reflecting Well On The Business
Nov 14Salasar Techno Engineering's (NSE:SALASAR) Solid Earnings May Rest On Weak Foundations
Oct 30Salasar Techno Engineering Limited's (NSE:SALASAR) Shareholders Might Be Looking For Exit
Aug 21Salasar 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 26Financial Position Analysis
Short Term Liabilities: SALASAR's short term assets (₹10.0B) exceed its short term liabilities (₹6.9B).
Long Term Liabilities: SALASAR's short term assets (₹10.0B) exceed its long term liabilities (₹459.9M).
Debt to Equity History and Analysis
Debt Level: SALASAR's net debt to equity ratio (48.9%) is considered high.
Reducing Debt: SALASAR's debt to equity ratio has reduced from 84.6% to 52.5% over the past 5 years.
Debt Coverage: SALASAR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SALASAR's interest payments on its debt are not well covered by EBIT (2.9x coverage).