Siyaram Silk Mills Balance Sheet Health
Financial Health criteria checks 6/6
Siyaram Silk Mills has a total shareholder equity of ₹12.0B and total debt of ₹2.5B, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are ₹18.0B and ₹6.0B respectively. Siyaram Silk Mills's EBIT is ₹2.3B making its interest coverage ratio 44.6. It has cash and short-term investments of ₹1.3B.
Key information
21.2%
Debt to equity ratio
₹2.54b
Debt
| Interest coverage ratio | 44.6x |
| Cash | ₹1.25b |
| Equity | ₹11.99b |
| Total liabilities | ₹5.97b |
| Total assets | ₹17.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 503811's short term assets (₹12.1B) exceed its short term liabilities (₹4.9B).
Long Term Liabilities: 503811's short term assets (₹12.1B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 503811's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: 503811's debt to equity ratio has reduced from 60.6% to 21.2% over the past 5 years.
Debt Coverage: 503811's debt is well covered by operating cash flow (82.9%).
Interest Coverage: 503811's interest payments on its debt are well covered by EBIT (44.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 01:58 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Siyaram Silk Mills Limited is covered by 8 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sharan Lillaney | Angel Broking Private Limited |
| Prerna Jhunjhunwala | Batlivala & Karani Securities India Pvt. Ltd. |
| Mrinalini Chetty | Centrum Broking (Non-Insti) Clients |