Salasar Exteriors and Contour Balance Sheet Health
Financial Health criteria checks 5/6
Salasar Exteriors and Contour has a total shareholder equity of ₹129.6M and total debt of ₹94.5M, which brings its debt-to-equity ratio to 72.9%. Its total assets and total liabilities are ₹329.3M and ₹199.7M respectively. Salasar Exteriors and Contour's EBIT is ₹9.1M making its interest coverage ratio -2276.3. It has cash and short-term investments of ₹24.0K.
Key information
72.9%
Debt to equity ratio
₹94.47m
Debt
| Interest coverage ratio | -2276.3x |
| Cash | ₹24.00k |
| Equity | ₹129.64m |
| Total liabilities | ₹199.66m |
| Total assets | ₹329.31m |
Financial Position Analysis
Short Term Liabilities: SECL's short term assets (₹326.2M) exceed its short term liabilities (₹199.7M).
Long Term Liabilities: SECL's short term assets (₹326.2M) exceed its long term liabilities (₹2.0K).
Debt to Equity History and Analysis
Debt Level: SECL's net debt to equity ratio (72.9%) is considered high.
Reducing Debt: SECL's debt to equity ratio has reduced from 139.1% to 72.9% over the past 5 years.
Debt Coverage: SECL's debt is well covered by operating cash flow (21.5%).
Interest Coverage: SECL earns more interest than it pays, so coverage of interest payments is not a concern.