Sanrhea Technical Textiles Balance Sheet Health
Financial Health criteria checks 6/6
Sanrhea Technical Textiles has a total shareholder equity of ₹179.7M and total debt of ₹65.9M, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are ₹332.0M and ₹152.4M respectively. Sanrhea Technical Textiles's EBIT is ₹57.6M making its interest coverage ratio 11.9. It has cash and short-term investments of ₹6.9M.
Key information
36.7%
Debt to equity ratio
₹65.87m
Debt
Interest coverage ratio | 11.9x |
Cash | ₹6.87m |
Equity | ₹179.67m |
Total liabilities | ₹152.35m |
Total assets | ₹332.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514280's short term assets (₹252.3M) exceed its short term liabilities (₹130.5M).
Long Term Liabilities: 514280's short term assets (₹252.3M) exceed its long term liabilities (₹21.8M).
Debt to Equity History and Analysis
Debt Level: 514280's net debt to equity ratio (32.8%) is considered satisfactory.
Reducing Debt: 514280's debt to equity ratio has reduced from 147.6% to 36.7% over the past 5 years.
Debt Coverage: 514280's debt is well covered by operating cash flow (47.5%).
Interest Coverage: 514280's interest payments on its debt are well covered by EBIT (11.9x coverage).