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).