Sungarner Energies Balance Sheet Health
Financial Health criteria checks 4/6
Sungarner Energies has a total shareholder equity of ₹87.5M and total debt of ₹13.6M, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are ₹141.5M and ₹54.0M respectively. Sungarner Energies's EBIT is ₹16.6M making its interest coverage ratio 5. It has cash and short-term investments of ₹1.2M.
Key information
15.6%
Debt to equity ratio
₹13.64m
Debt
| Interest coverage ratio | 5x |
| Cash | ₹1.19m |
| Equity | ₹87.54m |
| Total liabilities | ₹53.97m |
| Total assets | ₹141.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SEL's short term assets (₹110.7M) exceed its short term liabilities (₹48.7M).
Long Term Liabilities: SEL's short term assets (₹110.7M) exceed its long term liabilities (₹5.3M).
Debt to Equity History and Analysis
Debt Level: SEL's net debt to equity ratio (14.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SEL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SEL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SEL's interest payments on its debt are well covered by EBIT (5x coverage).