Supreme Power Equipment Balance Sheet Health
Financial Health criteria checks 4/6
Supreme Power Equipment has a total shareholder equity of ₹216.1M and total debt of ₹200.0M, which brings its debt-to-equity ratio to 92.6%. Its total assets and total liabilities are ₹690.1M and ₹474.0M respectively. Supreme Power Equipment's EBIT is ₹178.4M making its interest coverage ratio 7.9. It has cash and short-term investments of ₹62.2M.
Key information
92.6%
Debt to equity ratio
₹199.97m
Debt
Interest coverage ratio | 7.9x |
Cash | ₹62.17m |
Equity | ₹216.06m |
Total liabilities | ₹474.04m |
Total assets | ₹690.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUPREMEPWR's short term assets (₹616.9M) exceed its short term liabilities (₹425.5M).
Long Term Liabilities: SUPREMEPWR's short term assets (₹616.9M) exceed its long term liabilities (₹48.6M).
Debt to Equity History and Analysis
Debt Level: SUPREMEPWR's net debt to equity ratio (63.8%) is considered high.
Reducing Debt: Insufficient data to determine if SUPREMEPWR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SUPREMEPWR's debt is well covered by operating cash flow (41.5%).
Interest Coverage: SUPREMEPWR's interest payments on its debt are well covered by EBIT (7.9x coverage).