Swasti Vinayaka Synthetics Balance Sheet Health
Financial Health criteria checks 4/6
Swasti Vinayaka Synthetics has a total shareholder equity of ₹206.0M and total debt of ₹27.5M, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are ₹343.1M and ₹137.0M respectively. Swasti Vinayaka Synthetics's EBIT is ₹30.5M making its interest coverage ratio 6.1. It has cash and short-term investments of ₹5.4M.
Key information
13.3%
Debt to equity ratio
₹27.47m
Debt
| Interest coverage ratio | 6.1x |
| Cash | ₹5.42m |
| Equity | ₹206.05m |
| Total liabilities | ₹137.01m |
| Total assets | ₹343.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 510245's short term assets (₹280.8M) exceed its short term liabilities (₹67.8M).
Long Term Liabilities: 510245's short term assets (₹280.8M) exceed its long term liabilities (₹69.2M).
Debt to Equity History and Analysis
Debt Level: 510245's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: 510245's debt to equity ratio has increased from 5.3% to 13.3% over the past 5 years.
Debt Coverage: 510245's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 510245's interest payments on its debt are well covered by EBIT (6.1x coverage).