Servotech Power Systems Balance Sheet Health
Financial Health criteria checks 5/6
Servotech Power Systems has a total shareholder equity of ₹1.8B and total debt of ₹730.6M, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are ₹3.5B and ₹1.7B respectively. Servotech Power Systems's EBIT is ₹319.2M making its interest coverage ratio 7.8. It has cash and short-term investments of ₹377.1M.
Key information
41.3%
Debt to equity ratio
₹730.56m
Debt
| Interest coverage ratio | 7.8x |
| Cash | ₹377.14m |
| Equity | ₹1.77b |
| Total liabilities | ₹1.72b |
| Total assets | ₹3.49b |
Recent financial health updates
Is Servotech Power Systems (NSE:SERVOTECH) Using Too Much Debt?
Jul 17
Here's Why Servotech Power Systems (NSE:SERVOTECH) Can Manage Its Debt Responsibly
Mar 29Is Servotech Power Systems (NSE:SERVOTECH) Using Too Much Debt?
Dec 26Servotech Power Systems (NSE:SERVOTECH) Has A Pretty Healthy Balance Sheet
Jun 07Servotech Power Systems (NSE:SERVOTECH) Takes On Some Risk With Its Use Of Debt
Dec 28
Recent updates
Servotech Power Systems' (NSE:SERVOTECH) Returns Have Hit A Wall
Oct 15Servotech Power Systems Limited's (NSE:SERVOTECH) 36% Jump Shows Its Popularity With Investors
Sep 14Servotech Power Systems' (NSE:SERVOTECH) Dividend Is Being Reduced To ₹0.05
Aug 29Revenues Tell The Story For Servotech Power Systems Limited (NSE:SERVOTECH) As Its Stock Soars 28%
Jul 13Here's Why Servotech Power Systems (NSE:SERVOTECH) Has Caught The Eye Of Investors
Jul 12Servotech Power Systems' (NSE:SERVOTECH) Profits May Not Reveal Underlying Issues
May 21Why The 20% Return On Capital At Servotech Power Systems (NSE:SERVOTECH) Should Have Your Attention
Apr 04Why Investors Shouldn't Be Surprised By Servotech Power Systems Limited's (NSE:SERVOTECH) 26% Share Price Surge
Feb 27We Ran A Stock Scan For Earnings Growth And Servotech Power Systems (NSE:SERVOTECH) Passed With Ease
Feb 12Returns Are Gaining Momentum At Servotech Power Systems (NSE:SERVOTECH)
Aug 08Is Servotech Power Systems (NSE:SERVOTECH) Using Too Much Debt?
Jul 17If EPS Growth Is Important To You, Servotech Power Systems (NSE:SERVOTECH) Presents An Opportunity
May 18Here's Why Servotech Power Systems (NSE:SERVOTECH) Can Manage Its Debt Responsibly
Mar 29Do Servotech Power Systems' (NSE:SERVOTECH) Earnings Warrant Your Attention?
Jan 23Is Servotech Power Systems (NSE:SERVOTECH) Using Too Much Debt?
Dec 26Here's Why We Think Servotech Power Systems (NSE:SERVOTECH) Might Deserve Your Attention Today
Oct 17Servotech Power Systems (NSE:SERVOTECH) Has A Pretty Healthy Balance Sheet
Jun 07Calculating The Fair Value Of Servotech Power Systems Limited (NSE:SERVOTECH)
Jan 11Have Insiders Been Buying Servotech Power Systems Limited (NSE:SERVOTECH) Shares?
Feb 18Servotech Power Systems (NSE:SERVOTECH) Takes On Some Risk With Its Use Of Debt
Dec 28Financial Position Analysis
Short Term Liabilities: SERVOTECH's short term assets (₹2.7B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: SERVOTECH's short term assets (₹2.7B) exceed its long term liabilities (₹242.1M).
Debt to Equity History and Analysis
Debt Level: SERVOTECH's net debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: SERVOTECH's debt to equity ratio has reduced from 58.8% to 41.3% over the past 5 years.
Debt Coverage: SERVOTECH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SERVOTECH's interest payments on its debt are well covered by EBIT (7.8x coverage).