Storage Technologies and Automation Balance Sheet Health
Financial Health criteria checks 4/6
Storage Technologies and Automation has a total shareholder equity of ₹121.8M and total debt of ₹173.8M, which brings its debt-to-equity ratio to 142.7%. Its total assets and total liabilities are ₹610.2M and ₹488.4M respectively. Storage Technologies and Automation's EBIT is ₹108.6M making its interest coverage ratio 4.9. It has cash and short-term investments of ₹17.9M.
Key information
142.7%
Debt to equity ratio
₹173.82m
Debt
| Interest coverage ratio | 4.9x |
| Cash | ₹17.91m |
| Equity | ₹121.84m |
| Total liabilities | ₹488.39m |
| Total assets | ₹610.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544171's short term assets (₹511.8M) exceed its short term liabilities (₹439.1M).
Long Term Liabilities: 544171's short term assets (₹511.8M) exceed its long term liabilities (₹49.3M).
Debt to Equity History and Analysis
Debt Level: 544171's net debt to equity ratio (128%) is considered high.
Reducing Debt: Insufficient data to determine if 544171's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544171's debt is well covered by operating cash flow (26.9%).
Interest Coverage: 544171's interest payments on its debt are well covered by EBIT (4.9x coverage).