Sanrhea Technical Textiles Balance Sheet Health
Financial Health criteria checks 4/6
Sanrhea Technical Textiles has a total shareholder equity of ₹235.4M and total debt of ₹105.1M, which brings its debt-to-equity ratio to 44.6%. Its total assets and total liabilities are ₹436.5M and ₹201.1M respectively. Sanrhea Technical Textiles's EBIT is ₹84.0M making its interest coverage ratio 11.1. It has cash and short-term investments of ₹8.1M.
Key information
44.6%
Debt to equity ratio
₹105.08m
Debt
| Interest coverage ratio | 11.1x |
| Cash | ₹8.11m |
| Equity | ₹235.41m |
| Total liabilities | ₹201.11m |
| Total assets | ₹436.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514280's short term assets (₹306.4M) exceed its short term liabilities (₹142.6M).
Long Term Liabilities: 514280's short term assets (₹306.4M) exceed its long term liabilities (₹58.5M).
Debt to Equity History and Analysis
Debt Level: 514280's net debt to equity ratio (41.2%) is considered high.
Reducing Debt: 514280's debt to equity ratio has reduced from 157.3% to 44.6% over the past 5 years.
Debt Coverage: 514280's debt is not well covered by operating cash flow (15%).
Interest Coverage: 514280's interest payments on its debt are well covered by EBIT (11.1x coverage).