Sharp Chucks and Machines Balance Sheet Health
Financial Health criteria checks 3/6
Sharp Chucks and Machines has a total shareholder equity of ₹612.1M and total debt of ₹838.7M, which brings its debt-to-equity ratio to 137%. Its total assets and total liabilities are ₹2.0B and ₹1.4B respectively. Sharp Chucks and Machines's EBIT is ₹180.7M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹18.7M.
Key information
137.0%
Debt to equity ratio
₹838.68m
Debt
| Interest coverage ratio | 1.9x |
| Cash | ₹18.71m |
| Equity | ₹612.08m |
| Total liabilities | ₹1.36b |
| Total assets | ₹1.97b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SCML's short term assets (₹1.1B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: SCML's short term assets (₹1.1B) exceed its long term liabilities (₹296.0M).
Debt to Equity History and Analysis
Debt Level: SCML's net debt to equity ratio (134%) is considered high.
Reducing Debt: SCML's debt to equity ratio has increased from 133.1% to 137% over the past 5 years.
Debt Coverage: SCML's debt is well covered by operating cash flow (25.6%).
Interest Coverage: SCML's interest payments on its debt are not well covered by EBIT (1.9x coverage).