Sangam (India) Balance Sheet Health
Financial Health criteria checks 2/6
Sangam (India) has a total shareholder equity of ₹10.0B and total debt of ₹12.0B, which brings its debt-to-equity ratio to 120.2%. Its total assets and total liabilities are ₹27.8B and ₹17.9B respectively. Sangam (India)'s EBIT is ₹1.3B making its interest coverage ratio 1.7. It has cash and short-term investments of ₹200.1M.
Key information
120.2%
Debt to equity ratio
₹12.00b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₹200.10m |
| Equity | ₹9.99b |
| Total liabilities | ₹17.85b |
| Total assets | ₹27.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514234's short term assets (₹13.2B) exceed its short term liabilities (₹9.9B).
Long Term Liabilities: 514234's short term assets (₹13.2B) exceed its long term liabilities (₹8.0B).
Debt to Equity History and Analysis
Debt Level: 514234's net debt to equity ratio (118.1%) is considered high.
Reducing Debt: 514234's debt to equity ratio has increased from 112.6% to 120.2% over the past 5 years.
Debt Coverage: 514234's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: 514234's interest payments on its debt are not well covered by EBIT (1.7x coverage).