Stylam Industries Balance Sheet Health
Financial Health criteria checks 6/6
Stylam Industries has a total shareholder equity of ₹6.0B and total debt of ₹66.7M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are ₹7.0B and ₹1.0B respectively. Stylam Industries's EBIT is ₹1.7B making its interest coverage ratio 657.3. It has cash and short-term investments of ₹740.3M.
Key information
1.1%
Debt to equity ratio
₹66.69m
Debt
| Interest coverage ratio | 657.3x |
| Cash | ₹740.25m |
| Equity | ₹5.99b |
| Total liabilities | ₹1.02b |
| Total assets | ₹7.01b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Stylam Industries Limited (NSE:STYLAMIND) With Shares Advancing 27%
Oct 18
There's No Escaping Stylam Industries Limited's (NSE:STYLAMIND) Muted Earnings Despite A 35% Share Price Rise
Jul 05Investors Shouldn't Overlook Stylam Industries' (NSE:STYLAMIND) Impressive Returns On Capital
Jun 27Market Still Lacking Some Conviction On Stylam Industries Limited (NSE:STYLAMIND)
Mar 16Under The Bonnet, Stylam Industries' (NSE:STYLAMIND) Returns Look Impressive
Dec 26Robust Earnings May Not Tell The Whole Story For Stylam Industries (NSE:STYLAMIND)
Oct 29Financial Position Analysis
Short Term Liabilities: STYLAMIND's short term assets (₹5.1B) exceed its short term liabilities (₹898.1M).
Long Term Liabilities: STYLAMIND's short term assets (₹5.1B) exceed its long term liabilities (₹121.4M).
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 75.1% to 1.1% over the past 5 years.
Debt Coverage: STYLAMIND's debt is well covered by operating cash flow (1220.8%).
Interest Coverage: STYLAMIND's interest payments on its debt are well covered by EBIT (657.3x coverage).