Siyaram Silk Mills Balance Sheet Health
Financial Health criteria checks 6/6
Siyaram Silk Mills has a total shareholder equity of ₹11.9B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 17.8%. Its total assets and total liabilities are ₹17.2B and ₹5.3B respectively. Siyaram Silk Mills's EBIT is ₹2.5B making its interest coverage ratio 48.2. It has cash and short-term investments of ₹1.4B.
Key information
17.8%
Debt to equity ratio
₹2.12b
Debt
Interest coverage ratio | 48.2x |
Cash | ₹1.36b |
Equity | ₹11.89b |
Total liabilities | ₹5.32b |
Total assets | ₹17.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 503811's short term assets (₹11.8B) exceed its short term liabilities (₹4.5B).
Long Term Liabilities: 503811's short term assets (₹11.8B) exceed its long term liabilities (₹833.8M).
Debt to Equity History and Analysis
Debt Level: 503811's net debt to equity ratio (6.4%) is considered satisfactory.
Reducing Debt: 503811's debt to equity ratio has reduced from 66.7% to 17.8% over the past 5 years.
Debt Coverage: 503811's debt is well covered by operating cash flow (113.2%).
Interest Coverage: 503811's interest payments on its debt are well covered by EBIT (48.2x coverage).