Suyog Telematics Balance Sheet Health
Financial Health criteria checks 5/6
Suyog Telematics has a total shareholder equity of ₹3.6B and total debt of ₹1.0B, which brings its debt-to-equity ratio to 28.7%. Its total assets and total liabilities are ₹5.8B and ₹2.2B respectively. Suyog Telematics's EBIT is ₹932.5M making its interest coverage ratio 7.3. It has cash and short-term investments of ₹151.7M.
Key information
28.7%
Debt to equity ratio
₹1.02b
Debt
| Interest coverage ratio | 7.3x |
| Cash | ₹151.67m |
| Equity | ₹3.55b |
| Total liabilities | ₹2.23b |
| Total assets | ₹5.78b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SUYOG's short term assets (₹1.2B) exceed its short term liabilities (₹476.8M).
Long Term Liabilities: SUYOG's short term assets (₹1.2B) do not cover its long term liabilities (₹1.8B).
Debt to Equity History and Analysis
Debt Level: SUYOG's net debt to equity ratio (24.4%) is considered satisfactory.
Reducing Debt: SUYOG's debt to equity ratio has reduced from 44.8% to 28.7% over the past 5 years.
Debt Coverage: SUYOG's debt is well covered by operating cash flow (70.6%).
Interest Coverage: SUYOG's interest payments on its debt are well covered by EBIT (7.3x coverage).