Synergy Green Industries Limited

NSEI:SGIL Stock Report

Market Cap: ₹7.2b

Synergy Green Industries Balance Sheet Health

Financial Health criteria checks 2/6

Synergy Green Industries has a total shareholder equity of ₹538.1M and total debt of ₹1.1B, which brings its debt-to-equity ratio to 197.4%. Its total assets and total liabilities are ₹2.4B and ₹1.8B respectively. Synergy Green Industries's EBIT is ₹320.5M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹84.6M.

Key information

197.4%

Debt to equity ratio

₹1.06b

Debt

Interest coverage ratio2.3x
Cash₹84.59m
Equity₹538.10m
Total liabilities₹1.84b
Total assets₹2.38b

Recent financial health updates

These 4 Measures Indicate That Synergy Green Industries (NSE:SGIL) Is Using Debt Reasonably Well

Jan 19
These 4 Measures Indicate That Synergy Green Industries (NSE:SGIL) Is Using Debt Reasonably Well

Recent updates

Why Investors Shouldn't Be Surprised By Synergy Green Industries Limited's (NSE:SGIL) 29% Share Price Surge

Nov 28
Why Investors Shouldn't Be Surprised By Synergy Green Industries Limited's (NSE:SGIL) 29% Share Price Surge

Synergy Green Industries' (NSE:SGIL) Earnings Are Weaker Than They Seem

Nov 20
Synergy Green Industries' (NSE:SGIL) Earnings Are Weaker Than They Seem

With EPS Growth And More, Synergy Green Industries (NSE:SGIL) Makes An Interesting Case

Oct 24
With EPS Growth And More, Synergy Green Industries (NSE:SGIL) Makes An Interesting Case

After Leaping 27% Synergy Green Industries Limited (NSE:SGIL) Shares Are Not Flying Under The Radar

Sep 07
After Leaping 27% Synergy Green Industries Limited (NSE:SGIL) Shares Are Not Flying Under The Radar

Synergy Green Industries Limited (NSE:SGIL) Doing What It Can To Lift Shares

Jul 16
Synergy Green Industries Limited (NSE:SGIL) Doing What It Can To Lift Shares

Synergy Green Industries Limited's (NSE:SGIL) Shares Leap 26% Yet They're Still Not Telling The Full Story

Feb 03
Synergy Green Industries Limited's (NSE:SGIL) Shares Leap 26% Yet They're Still Not Telling The Full Story

These 4 Measures Indicate That Synergy Green Industries (NSE:SGIL) Is Using Debt Reasonably Well

Jan 19
These 4 Measures Indicate That Synergy Green Industries (NSE:SGIL) Is Using Debt Reasonably Well

Synergy Green Industries Limited (NSE:SGIL) Stock Rockets 29% But Many Are Still Ignoring The Company

Dec 18
Synergy Green Industries Limited (NSE:SGIL) Stock Rockets 29% But Many Are Still Ignoring The Company

We Think Synergy Green Industries' (NSE:SGIL) Robust Earnings Are Conservative

Nov 15
We Think Synergy Green Industries' (NSE:SGIL) Robust Earnings Are Conservative

Financial Position Analysis

Short Term Liabilities: SGIL's short term assets (₹1.3B) do not cover its short term liabilities (₹1.4B).

Long Term Liabilities: SGIL's short term assets (₹1.3B) exceed its long term liabilities (₹438.1M).

Debt to Equity History and Analysis

Debt Level: SGIL's net debt to equity ratio (181.7%) is considered high.

Reducing Debt: SGIL's debt to equity ratio has increased from 126.5% to 197.4% over the past 5 years.

Debt Coverage: SGIL's debt is well covered by operating cash flow (23.9%).

Interest Coverage: SGIL's interest payments on its debt are not well covered by EBIT (2.3x coverage).

Balance Sheet

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