Salzer Electronics Balance Sheet Health
Financial Health criteria checks 3/6
Salzer Electronics has a total shareholder equity of ₹4.4B and total debt of ₹3.0B, which brings its debt-to-equity ratio to 68.6%. Its total assets and total liabilities are ₹9.3B and ₹4.9B respectively. Salzer Electronics's EBIT is ₹905.1M making its interest coverage ratio 4.2. It has cash and short-term investments of ₹143.2M.
Key information
68.6%
Debt to equity ratio
₹3.01b
Debt
| Interest coverage ratio | 4.2x |
| Cash | ₹143.24m |
| Equity | ₹4.38b |
| Total liabilities | ₹4.92b |
| Total assets | ₹9.31b |
Recent financial health updates
Does Salzer Electronics (NSE:SALZERELEC) Have A Healthy Balance Sheet?
Feb 02
Salzer Electronics (NSE:SALZERELEC) Has A Somewhat Strained Balance Sheet
Jan 09These 4 Measures Indicate That Salzer Electronics (NSE:SALZERELEC) Is Using Debt Extensively
Jun 18Here's Why Salzer Electronics (NSE:SALZERELEC) Has A Meaningful Debt Burden
Feb 09Does Salzer Electronics (NSE:SALZERELEC) Have A Healthy Balance Sheet?
Nov 10These 4 Measures Indicate That Salzer Electronics (NSE:SALZERELEC) Is Using Debt Extensively
Jun 24Recent updates
There's Reason For Concern Over Salzer Electronics Limited's (NSE:SALZERELEC) Massive 25% Price Jump
Apr 13Here's Why We Think Salzer Electronics (NSE:SALZERELEC) Is Well Worth Watching
Mar 21Salzer Electronics Limited's (NSE:SALZERELEC) Share Price Boosted 29% But Its Business Prospects Need A Lift Too
Feb 22Does Salzer Electronics (NSE:SALZERELEC) Have A Healthy Balance Sheet?
Feb 02Salzer Electronics (NSE:SALZERELEC) Is Paying Out A Larger Dividend Than Last Year
Aug 16Salzer Electronics (NSE:SALZERELEC) Will Pay A Larger Dividend Than Last Year At ₹2.20
Aug 02Salzer Electronics' (NSE:SALZERELEC) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 14Salzer Electronics (NSE:SALZERELEC) Is Increasing Its Dividend To ₹2.20
May 27Salzer Electronics (NSE:SALZERELEC) Shareholders Will Want The ROCE Trajectory To Continue
Apr 04Salzer Electronics' (NSE:SALZERELEC) Upcoming Dividend Will Be Larger Than Last Year's
Aug 12Salzer Electronics (NSE:SALZERELEC) Has Announced That It Will Be Increasing Its Dividend To ₹1.80
Jul 29Salzer Electronics' (NSE:SALZERELEC) Upcoming Dividend Will Be Larger Than Last Year's
Jul 14Salzer Electronics' (NSE:SALZERELEC) Shareholders Will Receive A Bigger Dividend Than Last Year
May 26Salzer Electronics (NSE:SALZERELEC) Has A Somewhat Strained Balance Sheet
Jan 09Here's Why Salzer Electronics Limited's (NSE:SALZERELEC) CEO Is Unlikely to Expect A Pay Rise This Year
Sep 06These 4 Measures Indicate That Salzer Electronics (NSE:SALZERELEC) Is Using Debt Extensively
Jun 18Here's Why Salzer Electronics (NSE:SALZERELEC) Has A Meaningful Debt Burden
Feb 09Have Insiders Been Buying Salzer Electronics Limited (NSE:SALZERELEC) Shares?
Jan 03A Look At Salzer Electronics' (NSE:SALZERELEC) CEO Remuneration
Dec 07Does Salzer Electronics (NSE:SALZERELEC) Have A Healthy Balance Sheet?
Nov 10Need To Know: Salzer Electronics Limited (NSE:SALZERELEC) Insiders Have Been Buying Shares
Sep 21
How Does Salzer Electronics' (NSE:SALZERELEC) CEO Salary Compare to Peers?
Aug 25Not Many Are Piling Into Salzer Electronics Limited (NSE:SALZERELEC) Just Yet
Jul 07These 4 Measures Indicate That Salzer Electronics (NSE:SALZERELEC) Is Using Debt Extensively
Jun 24Financial Position Analysis
Short Term Liabilities: SALZERELEC's short term assets (₹6.6B) exceed its short term liabilities (₹4.6B).
Long Term Liabilities: SALZERELEC's short term assets (₹6.6B) exceed its long term liabilities (₹352.1M).
Debt to Equity History and Analysis
Debt Level: SALZERELEC's net debt to equity ratio (65.4%) is considered high.
Reducing Debt: SALZERELEC's debt to equity ratio has increased from 44.2% to 68.6% over the past 5 years.
Debt Coverage: SALZERELEC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SALZERELEC's interest payments on its debt are well covered by EBIT (4.2x coverage).