Standard Industries Balance Sheet Health
Financial Health criteria checks 4/6
Standard Industries has a total shareholder equity of ₹1.3B and total debt of ₹248.0M, which brings its debt-to-equity ratio to 18.7%. Its total assets and total liabilities are ₹1.8B and ₹448.9M respectively.
Key information
18.7%
Debt to equity ratio
₹247.96m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹495.36m |
| Equity | ₹1.33b |
| Total liabilities | ₹448.91m |
| Total assets | ₹1.78b |
Recent financial health updates
Recent updates
Health Check: How Prudently Does Standard Industries (NSE:SIL) Use Debt?
Dec 20
Standard Industries (NSE:SIL) Is Paying Out Less In Dividends Than Last Year
May 25A Look At The Intrinsic Value Of Standard Industries Limited (NSE:SIL)
Jun 09A Look At The Intrinsic Value Of Standard Industries Limited (NSE:SIL)
Jul 10
Financial Position Analysis
Short Term Liabilities: SIL's short term assets (₹1.1B) exceed its short term liabilities (₹152.3M).
Long Term Liabilities: SIL's short term assets (₹1.1B) exceed its long term liabilities (₹296.6M).
Debt to Equity History and Analysis
Debt Level: SIL has more cash than its total debt.
Reducing Debt: SIL's debt to equity ratio has reduced from 5090.2% to 18.7% over the past 5 years.
Debt Coverage: SIL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SIL's interest payments on its debt are well covered by EBIT.