Sona Machinery Balance Sheet Health
Financial Health criteria checks 4/6
Sona Machinery has a total shareholder equity of ₹681.1M and total debt of ₹17.2M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are ₹980.7M and ₹299.6M respectively. Sona Machinery's EBIT is ₹131.2M making its interest coverage ratio -138.5. It has cash and short-term investments of ₹108.6M.
Key information
2.5%
Debt to equity ratio
₹17.17m
Debt
| Interest coverage ratio | -138.5x |
| Cash | ₹108.63m |
| Equity | ₹681.14m |
| Total liabilities | ₹299.56m |
| Total assets | ₹980.70m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SONAMAC's short term assets (₹589.4M) exceed its short term liabilities (₹284.3M).
Long Term Liabilities: SONAMAC's short term assets (₹589.4M) exceed its long term liabilities (₹15.3M).
Debt to Equity History and Analysis
Debt Level: SONAMAC has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SONAMAC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SONAMAC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SONAMAC earns more interest than it pays, so coverage of interest payments is not a concern.