Sona Machinery Balance Sheet Health
Financial Health criteria checks 5/6
Sona Machinery has a total shareholder equity of ₹113.9M and total debt of ₹25.3M, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are ₹286.5M and ₹172.6M respectively. Sona Machinery's EBIT is ₹109.7M making its interest coverage ratio 32. It has cash and short-term investments of ₹66.3M.
Key information
22.2%
Debt to equity ratio
₹25.26m
Debt
| Interest coverage ratio | 32x |
| Cash | ₹66.32m |
| Equity | ₹113.89m |
| Total liabilities | ₹172.59m |
| Total assets | ₹286.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SONAMAC's short term assets (₹201.9M) exceed its short term liabilities (₹158.7M).
Long Term Liabilities: SONAMAC's short term assets (₹201.9M) exceed its long term liabilities (₹13.9M).
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 debt is well covered by operating cash flow (470.7%).
Interest Coverage: SONAMAC's interest payments on its debt are well covered by EBIT (32x coverage).