Supreme Power Equipment Balance Sheet Health
Financial Health criteria checks 6/6
Supreme Power Equipment has a total shareholder equity of ₹845.7M and total debt of ₹72.3M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are ₹1.3B and ₹483.6M respectively. Supreme Power Equipment's EBIT is ₹239.0M making its interest coverage ratio 10.7. It has cash and short-term investments of ₹91.1M.
Key information
8.5%
Debt to equity ratio
₹72.26m
Debt
| Interest coverage ratio | 10.7x |
| Cash | ₹91.09m |
| Equity | ₹845.70m |
| Total liabilities | ₹483.62m |
| Total assets | ₹1.33b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SUPREMEPWR's short term assets (₹897.8M) exceed its short term liabilities (₹457.6M).
Long Term Liabilities: SUPREMEPWR's short term assets (₹897.8M) exceed its long term liabilities (₹26.0M).
Debt to Equity History and Analysis
Debt Level: SUPREMEPWR has more cash than its total debt.
Reducing Debt: SUPREMEPWR's debt to equity ratio has reduced from 63.5% to 8.5% over the past 5 years.
Debt Coverage: SUPREMEPWR's debt is well covered by operating cash flow (213.6%).
Interest Coverage: SUPREMEPWR's interest payments on its debt are well covered by EBIT (10.7x coverage).