Siyaram Recycling Industries Balance Sheet Health
Financial Health criteria checks 3/6
Siyaram Recycling Industries has a total shareholder equity of ₹844.1M and total debt of ₹709.4M, which brings its debt-to-equity ratio to 84%. Its total assets and total liabilities are ₹2.0B and ₹1.1B respectively. Siyaram Recycling Industries's EBIT is ₹213.2M making its interest coverage ratio 3.3. It has cash and short-term investments of ₹3.8M.
Key information
84.0%
Debt to equity ratio
₹709.42m
Debt
| Interest coverage ratio | 3.3x |
| Cash | ₹3.75m |
| Equity | ₹844.12m |
| Total liabilities | ₹1.13b |
| Total assets | ₹1.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544047's short term assets (₹1.9B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 544047's short term assets (₹1.9B) exceed its long term liabilities (₹30.2M).
Debt to Equity History and Analysis
Debt Level: 544047's net debt to equity ratio (83.6%) is considered high.
Reducing Debt: Insufficient data to determine if 544047's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544047's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544047's interest payments on its debt are well covered by EBIT (3.3x coverage).