Symphony Balance Sheet Health
Financial Health criteria checks 6/6
Symphony has a total shareholder equity of ₹7.5B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 19.6%. Its total assets and total liabilities are ₹12.2B and ₹4.7B respectively. Symphony's EBIT is ₹1.9B making its interest coverage ratio 19.3. It has cash and short-term investments of ₹1.8B.
Key information
19.6%
Debt to equity ratio
₹1.47b
Debt
Interest coverage ratio | 19.3x |
Cash | ₹1.80b |
Equity | ₹7.49b |
Total liabilities | ₹4.69b |
Total assets | ₹12.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517385's short term assets (₹6.2B) exceed its short term liabilities (₹3.9B).
Long Term Liabilities: 517385's short term assets (₹6.2B) exceed its long term liabilities (₹840.0M).
Debt to Equity History and Analysis
Debt Level: 517385 has more cash than its total debt.
Reducing Debt: 517385's debt to equity ratio has reduced from 28.1% to 19.6% over the past 5 years.
Debt Coverage: 517385's debt is well covered by operating cash flow (109.5%).
Interest Coverage: 517385's interest payments on its debt are well covered by EBIT (19.3x coverage).