Stylam Industries Balance Sheet Health
Financial Health criteria checks 6/6
Stylam Industries has a total shareholder equity of ₹4.7B and total debt of ₹53.6M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are ₹5.6B and ₹919.2M respectively. Stylam Industries's EBIT is ₹1.6B making its interest coverage ratio -61.2. It has cash and short-term investments of ₹716.4M.
Key information
1.1%
Debt to equity ratio
₹53.56m
Debt
Interest coverage ratio | -61.2x |
Cash | ₹716.45m |
Equity | ₹4.72b |
Total liabilities | ₹919.19m |
Total assets | ₹5.64b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: STYLAMIND's short term assets (₹3.8B) exceed its short term liabilities (₹747.2M).
Long Term Liabilities: STYLAMIND's short term assets (₹3.8B) exceed its long term liabilities (₹172.0M).
Debt to Equity History and Analysis
Debt Level: STYLAMIND has more cash than its total debt.
Reducing Debt: STYLAMIND's debt to equity ratio has reduced from 85.5% to 1.1% over the past 5 years.
Debt Coverage: STYLAMIND's debt is well covered by operating cash flow (2778.3%).
Interest Coverage: STYLAMIND earns more interest than it pays, so coverage of interest payments is not a concern.