Sangam (India) Balance Sheet Health
Financial Health criteria checks 3/6
Sangam (India) has a total shareholder equity of ₹9.8B and total debt of ₹10.7B, which brings its debt-to-equity ratio to 108.2%. Its total assets and total liabilities are ₹27.3B and ₹17.4B respectively. Sangam (India)'s EBIT is ₹1.2B making its interest coverage ratio 1.7. It has cash and short-term investments of ₹385.4M.
Key information
108.2%
Debt to equity ratio
₹10.65b
Debt
Interest coverage ratio | 1.7x |
Cash | ₹385.40m |
Equity | ₹9.84b |
Total liabilities | ₹17.45b |
Total assets | ₹27.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514234's short term assets (₹13.6B) exceed its short term liabilities (₹10.7B).
Long Term Liabilities: 514234's short term assets (₹13.6B) exceed its long term liabilities (₹6.7B).
Debt to Equity History and Analysis
Debt Level: 514234's net debt to equity ratio (104.3%) is considered high.
Reducing Debt: 514234's debt to equity ratio has reduced from 135.8% to 108.2% over the past 5 years.
Debt Coverage: 514234's debt is not well covered by operating cash flow (15%).
Interest Coverage: 514234's interest payments on its debt are not well covered by EBIT (1.7x coverage).