SRM Contractors Balance Sheet Health
Financial Health criteria checks 5/6
SRM Contractors has a total shareholder equity of ₹903.4M and total debt of ₹475.8M, which brings its debt-to-equity ratio to 52.7%. Its total assets and total liabilities are ₹2.4B and ₹1.4B respectively. SRM Contractors's EBIT is ₹403.0M making its interest coverage ratio 7.1. It has cash and short-term investments of ₹669.5M.
Key information
52.7%
Debt to equity ratio
₹475.84m
Debt
Interest coverage ratio | 7.1x |
Cash | ₹669.47m |
Equity | ₹903.44m |
Total liabilities | ₹1.45b |
Total assets | ₹2.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRM's short term assets (₹1.9B) exceed its short term liabilities (₹794.0M).
Long Term Liabilities: SRM's short term assets (₹1.9B) exceed its long term liabilities (₹652.7M).
Debt to Equity History and Analysis
Debt Level: SRM has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SRM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SRM's debt is well covered by operating cash flow (30%).
Interest Coverage: SRM's interest payments on its debt are well covered by EBIT (7.1x coverage).