Siyaram Recycling Industries Balance Sheet Health
Financial Health criteria checks 2/6
Siyaram Recycling Industries has a total shareholder equity of ₹767.3M and total debt of ₹593.3M, which brings its debt-to-equity ratio to 77.3%. Its total assets and total liabilities are ₹1.7B and ₹936.1M respectively. Siyaram Recycling Industries's EBIT is ₹162.1M making its interest coverage ratio 2.7. It has cash and short-term investments of ₹5.2M.
Key information
77.3%
Debt to equity ratio
₹593.29m
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₹5.25m |
| Equity | ₹767.29m |
| Total liabilities | ₹936.05m |
| Total assets | ₹1.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544047's short term assets (₹1.6B) exceed its short term liabilities (₹913.9M).
Long Term Liabilities: 544047's short term assets (₹1.6B) exceed its long term liabilities (₹22.1M).
Debt to Equity History and Analysis
Debt Level: 544047's net debt to equity ratio (76.6%) 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 not well covered by EBIT (2.7x coverage).