SRM Contractors Balance Sheet Health
Financial Health criteria checks 4/6
SRM Contractors has a total shareholder equity of ₹2.4B and total debt of ₹369.8M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are ₹3.4B and ₹1.1B respectively. SRM Contractors's EBIT is ₹338.7M making its interest coverage ratio 6.1. It has cash and short-term investments of ₹699.0M.
Key information
15.7%
Debt to equity ratio
₹369.80m
Debt
| Interest coverage ratio | 6.1x |
| Cash | ₹699.00m |
| Equity | ₹2.36b |
| Total liabilities | ₹1.09b |
| Total assets | ₹3.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRM's short term assets (₹2.8B) exceed its short term liabilities (₹855.0M).
Long Term Liabilities: SRM's short term assets (₹2.8B) exceed its long term liabilities (₹230.6M).
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 operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SRM's interest payments on its debt are well covered by EBIT (6.1x coverage).