Siyaram Recycling Industries Limited

BSE:544047 Stock Report

Market Cap: ₹2.0b

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 ratio2.7x
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).


Balance Sheet


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