Siyaram Recycling Industries Balance Sheet Health
Financial Health criteria checks 2/6
Siyaram Recycling Industries has a total shareholder equity of ₹464.2M and total debt of ₹670.7M, which brings its debt-to-equity ratio to 144.5%. Its total assets and total liabilities are ₹1.5B and ₹1.0B respectively. Siyaram Recycling Industries's EBIT is ₹102.3M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹7.2M.
Key information
144.5%
Debt to equity ratio
₹670.70m
Debt
Interest coverage ratio | 2.5x |
Cash | ₹7.23m |
Equity | ₹464.21m |
Total liabilities | ₹1.05b |
Total assets | ₹1.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544047's short term assets (₹1.4B) exceed its short term liabilities (₹977.1M).
Long Term Liabilities: 544047's short term assets (₹1.4B) exceed its long term liabilities (₹72.3M).
Debt to Equity History and Analysis
Debt Level: 544047's net debt to equity ratio (142.9%) 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 (2.5x coverage).