Storage Technologies and Automation Balance Sheet Health
Financial Health criteria checks 5/6
Storage Technologies and Automation has a total shareholder equity of ₹409.6M and total debt of ₹81.4M, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are ₹701.5M and ₹291.9M respectively. Storage Technologies and Automation's EBIT is ₹146.5M making its interest coverage ratio 5.8. It has cash and short-term investments of ₹6.4M.
Key information
19.9%
Debt to equity ratio
₹81.41m
Debt
| Interest coverage ratio | 5.8x |
| Cash | ₹6.42m |
| Equity | ₹409.55m |
| Total liabilities | ₹291.95m |
| Total assets | ₹701.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544171's short term assets (₹603.4M) exceed its short term liabilities (₹257.3M).
Long Term Liabilities: 544171's short term assets (₹603.4M) exceed its long term liabilities (₹34.7M).
Debt to Equity History and Analysis
Debt Level: 544171's net debt to equity ratio (18.3%) is considered satisfactory.
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 (57.4%).
Interest Coverage: 544171's interest payments on its debt are well covered by EBIT (5.8x coverage).