Suyog Telematics Balance Sheet Health
Financial Health criteria checks 4/6
Suyog Telematics has a total shareholder equity of ₹3.0B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 50.4%. Its total assets and total liabilities are ₹5.0B and ₹2.0B respectively. Suyog Telematics's EBIT is ₹853.1M making its interest coverage ratio 4.6. It has cash and short-term investments of ₹36.5M.
Key information
50.4%
Debt to equity ratio
₹1.50b
Debt
| Interest coverage ratio | 4.6x |
| Cash | ₹36.51m |
| Equity | ₹2.98b |
| Total liabilities | ₹2.02b |
| Total assets | ₹5.00b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: SUYOG's short term assets (₹869.4M) exceed its short term liabilities (₹781.5M).
Long Term Liabilities: SUYOG's short term assets (₹869.4M) do not cover its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: SUYOG's net debt to equity ratio (49.2%) is considered high.
Reducing Debt: SUYOG's debt to equity ratio has reduced from 61.3% to 50.4% over the past 5 years.
Debt Coverage: SUYOG's debt is well covered by operating cash flow (47.9%).
Interest Coverage: SUYOG's interest payments on its debt are well covered by EBIT (4.6x coverage).