Sanghvi Movers Balance Sheet Health
Financial Health criteria checks 6/6
Sanghvi Movers has a total shareholder equity of ₹10.1B and total debt of ₹2.9B, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are ₹14.2B and ₹4.1B respectively. Sanghvi Movers's EBIT is ₹2.4B making its interest coverage ratio -8.9. It has cash and short-term investments of ₹1.4B.
Key information
28.9%
Debt to equity ratio
₹2.92b
Debt
| Interest coverage ratio | -8.9x |
| Cash | ₹1.44b |
| Equity | ₹10.12b |
| Total liabilities | ₹4.12b |
| Total assets | ₹14.24b |
Recent financial health updates
These 4 Measures Indicate That Sanghvi Movers (NSE:SANGHVIMOV) Is Using Debt Reasonably Well
May 22
Is Sanghvi Movers (NSE:SANGHVIMOV) A Risky Investment?
Dec 01Sanghvi Movers (NSE:SANGHVIMOV) Seems To Use Debt Quite Sensibly
Dec 09Would Sanghvi Movers (NSE:SANGHVIMOV) Be Better Off With Less Debt?
Jul 29We Think Sanghvi Movers (NSE:SANGHVIMOV) Has A Fair Chunk Of Debt
Feb 22Recent updates
Here's Why We Think Sanghvi Movers (NSE:SANGHVIMOV) Is Well Worth Watching
Sep 02Sanghvi Movers Limited's (NSE:SANGHVIMOV) Share Price Is Matching Sentiment Around Its Earnings
Aug 07These 4 Measures Indicate That Sanghvi Movers (NSE:SANGHVIMOV) Is Using Debt Reasonably Well
May 22Is Now The Time To Put Sanghvi Movers (NSE:SANGHVIMOV) On Your Watchlist?
Apr 23Optimistic Investors Push Sanghvi Movers Limited (NSE:SANGHVIMOV) Shares Up 27% But Growth Is Lacking
Apr 04Is Now The Time To Look At Buying Sanghvi Movers Limited (NSE:SANGHVIMOV)?
Mar 22Sanghvi Movers (NSE:SANGHVIMOV) Is Achieving High Returns On Its Capital
Mar 06There's No Escaping Sanghvi Movers Limited's (NSE:SANGHVIMOV) Muted Earnings Despite A 25% Share Price Rise
Feb 11At ₹735, Is It Time To Put Sanghvi Movers Limited (NSE:SANGHVIMOV) On Your Watch List?
Nov 02Here's Why Sanghvi Movers (NSE:SANGHVIMOV) Has Caught The Eye Of Investors
Sep 01Sanghvi Movers (NSE:SANGHVIMOV) Is Paying Out A Larger Dividend Than Last Year
Jul 27Is Sanghvi Movers (NSE:SANGHVIMOV) A Risky Investment?
Dec 01A Look At The Fair Value Of Sanghvi Movers Limited (NSE:SANGHVIMOV)
Jun 30Sanghvi Movers' (NSE:SANGHVIMOV) Promising Earnings May Rest On Soft Foundations
Jun 02Sanghvi Movers (NSE:SANGHVIMOV) Could Be At Risk Of Shrinking As A Company
Feb 23Sanghvi Movers (NSE:SANGHVIMOV) Seems To Use Debt Quite Sensibly
Dec 09Returns On Capital Signal Difficult Times Ahead For Sanghvi Movers (NSE:SANGHVIMOV)
Sep 30Would Sanghvi Movers (NSE:SANGHVIMOV) Be Better Off With Less Debt?
Jul 29We Think Sanghvi Movers (NSE:SANGHVIMOV) Has A Fair Chunk Of Debt
Feb 22Here's What We Learned About The CEO Pay At Sanghvi Movers Limited (NSE:SANGHVIMOV)
Jan 25Pradip Dubhashi of Sanghvi Movers Limited (NSE:SANGHVIMOV) Just Spent ₹334k On Shares
Dec 27
How Much Did Sanghvi Movers'(NSE:SANGHVIMOV) Shareholders Earn From Share Price Movements Over The Last Five Years?
Dec 14Can Sanghvi Movers (NSE:SANGHVIMOV) Turn Things Around?
Nov 16How Is Sanghvi Movers' (NSE:SANGHVIMOV) CEO Paid Relative To Peers?
Oct 12Sanghvi Movers Limited (NSE:SANGHVIMOV) Insiders Increased Their Holdings
Sep 08Is Sanghvi Movers (NSE:SANGHVIMOV) Shrinking?
Aug 09How Has Sanghvi Movers (NSE:SANGHVIMOV) Allocated Its Capital?
Aug 09Financial Position Analysis
Short Term Liabilities: SANGHVIMOV's short term assets (₹3.7B) exceed its short term liabilities (₹2.0B).
Long Term Liabilities: SANGHVIMOV's short term assets (₹3.7B) exceed its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: SANGHVIMOV's net debt to equity ratio (14.6%) is considered satisfactory.
Reducing Debt: SANGHVIMOV's debt to equity ratio has reduced from 60.6% to 28.9% over the past 5 years.
Debt Coverage: SANGHVIMOV's debt is well covered by operating cash flow (104.2%).
Interest Coverage: SANGHVIMOV earns more interest than it pays, so coverage of interest payments is not a concern.