Sarup Industries Balance Sheet Health
Financial Health criteria checks 1/6
Sarup Industries has a total shareholder equity of ₹-31.6M and total debt of ₹380.5M, which brings its debt-to-equity ratio to -1204.9%. Its total assets and total liabilities are ₹642.0M and ₹673.5M respectively. Sarup Industries's EBIT is ₹21.8M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹7.2M.
Key information
-1,204.9%
Debt to equity ratio
₹380.52m
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₹7.19m |
| Equity | -₹31.58m |
| Total liabilities | ₹673.53m |
| Total assets | ₹641.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514412 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 514412 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 514412 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 514412's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 514412's debt is well covered by operating cash flow (87.7%).
Interest Coverage: 514412's interest payments on its debt are not well covered by EBIT (1.3x coverage).