Somi Conveyor Beltings Balance Sheet Health
Financial Health criteria checks 6/6
Somi Conveyor Beltings has a total shareholder equity of ₹741.5M and total debt of ₹141.3M, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are ₹1.1B and ₹341.6M respectively. Somi Conveyor Beltings's EBIT is ₹91.8M making its interest coverage ratio 10.9. It has cash and short-term investments of ₹99.5M.
Key information
19.1%
Debt to equity ratio
₹141.32m
Debt
| Interest coverage ratio | 10.9x |
| Cash | ₹99.51m |
| Equity | ₹741.50m |
| Total liabilities | ₹341.57m |
| Total assets | ₹1.08b |
Recent financial health updates
Somi Conveyor Beltings (NSE:SOMICONVEY) Has A Pretty Healthy Balance Sheet
Jul 13
Somi Conveyor Beltings (NSE:SOMICONVEY) Has A Rock Solid Balance Sheet
Mar 13Somi Conveyor Beltings (NSE:SOMICONVEY) Could Easily Take On More Debt
Nov 12Somi Conveyor Beltings (NSE:SOMICONVEY) Seems To Use Debt Quite Sensibly
Jul 06Does Somi Conveyor Beltings (NSE:SOMICONVEY) Have A Healthy Balance Sheet?
Feb 24Somi Conveyor Beltings (NSE:SOMICONVEY) Has A Somewhat Strained Balance Sheet
Jun 17Recent updates
Market Participants Recognise Somi Conveyor Beltings Limited's (NSE:SOMICONVEY) Earnings Pushing Shares 29% Higher
Dec 18Somi Conveyor Beltings Limited's (NSE:SOMICONVEY) Subdued P/E Might Signal An Opportunity
Oct 03Somi Conveyor Beltings (NSE:SOMICONVEY) Has A Pretty Healthy Balance Sheet
Jul 13Earnings Tell The Story For Somi Conveyor Beltings Limited (NSE:SOMICONVEY) As Its Stock Soars 27%
Jun 15Does Somi Conveyor Beltings (NSE:SOMICONVEY) Deserve A Spot On Your Watchlist?
Jun 05Somi Conveyor Beltings (NSE:SOMICONVEY) Has A Rock Solid Balance Sheet
Mar 13Investors Interested In Somi Conveyor Beltings Limited's (NSE:SOMICONVEY) Earnings
Jan 31If EPS Growth Is Important To You, Somi Conveyor Beltings (NSE:SOMICONVEY) Presents An Opportunity
Jan 04Somi Conveyor Beltings (NSE:SOMICONVEY) Could Easily Take On More Debt
Nov 12Should You Be Adding Somi Conveyor Beltings (NSE:SOMICONVEY) To Your Watchlist Today?
Aug 26Somi Conveyor Beltings (NSE:SOMICONVEY) Seems To Use Debt Quite Sensibly
Jul 06Does Somi Conveyor Beltings (NSE:SOMICONVEY) Have A Healthy Balance Sheet?
Feb 24Is Now The Time To Put Somi Conveyor Beltings (NSE:SOMICONVEY) On Your Watchlist?
Oct 08Somi Conveyor Beltings (NSE:SOMICONVEY) Has A Somewhat Strained Balance Sheet
Jun 17These 4 Measures Indicate That Somi Conveyor Beltings (NSE:SOMICONVEY) Is Using Debt Reasonably Well
Dec 18A Look At The Fair Value Of Somi Conveyor Beltings Limited (NSE:SOMICONVEY)
Oct 26Somi Conveyor Beltings (NSE:SOMICONVEY) Seems To Use Debt Quite Sensibly
Aug 06Here's Why I Think Somi Conveyor Beltings (NSE:SOMICONVEY) Might Deserve Your Attention Today
Jun 16Somi Conveyor Beltings (NSE:SOMICONVEY) Has A Pretty Healthy Balance Sheet
Mar 23Here's Why We Think Somi Conveyor Beltings (NSE:SOMICONVEY) Is Well Worth Watching
Feb 16We Think Somi Conveyor Beltings (NSE:SOMICONVEY) Is Taking Some Risk With Its Debt
Dec 23
Do Somi Conveyor Beltings's (NSE:SOMICONVEY) Earnings Warrant Your Attention?
Nov 18Positive Sentiment Still Eludes Somi Conveyor Beltings Limited (NSE:SOMICONVEY) Following 35% Share Price Slump
Sep 23Market Still Lacking Some Conviction On Somi Conveyor Beltings Limited (NSE:SOMICONVEY)
Aug 20Financial Position Analysis
Short Term Liabilities: SOMICONVEY's short term assets (₹787.3M) exceed its short term liabilities (₹329.6M).
Long Term Liabilities: SOMICONVEY's short term assets (₹787.3M) exceed its long term liabilities (₹12.0M).
Debt to Equity History and Analysis
Debt Level: SOMICONVEY's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: SOMICONVEY's debt to equity ratio has reduced from 36.6% to 19.1% over the past 5 years.
Debt Coverage: SOMICONVEY's debt is well covered by operating cash flow (42.2%).
Interest Coverage: SOMICONVEY's interest payments on its debt are well covered by EBIT (10.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 12:42 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
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Industry and Sector Metrics
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Analyst Sources
Somi Conveyor Beltings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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