Suryalakshmi Cotton Mills Balance Sheet Health
Financial Health criteria checks 3/6
Suryalakshmi Cotton Mills has a total shareholder equity of ₹2.6B and total debt of ₹2.3B, which brings its debt-to-equity ratio to 88%. Its total assets and total liabilities are ₹6.8B and ₹4.1B respectively. Suryalakshmi Cotton Mills's EBIT is ₹351.6M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹141.7M.
Key information
88.0%
Debt to equity ratio
₹2.33b
Debt
Interest coverage ratio | 1.9x |
Cash | ₹141.70m |
Equity | ₹2.65b |
Total liabilities | ₹4.13b |
Total assets | ₹6.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521200's short term assets (₹4.0B) exceed its short term liabilities (₹3.2B).
Long Term Liabilities: 521200's short term assets (₹4.0B) exceed its long term liabilities (₹955.3M).
Debt to Equity History and Analysis
Debt Level: 521200's net debt to equity ratio (82.6%) is considered high.
Reducing Debt: 521200's debt to equity ratio has reduced from 126.2% to 88% over the past 5 years.
Debt Coverage: 521200's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: 521200's interest payments on its debt are not well covered by EBIT (1.9x coverage).