Suryalakshmi Cotton Mills Balance Sheet Health
Financial Health criteria checks 3/6
Suryalakshmi Cotton Mills has a total shareholder equity of ₹2.7B and total debt of ₹2.6B, which brings its debt-to-equity ratio to 98.6%. Its total assets and total liabilities are ₹7.3B and ₹4.6B respectively. Suryalakshmi Cotton Mills's EBIT is ₹368.2M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹119.2M.
Key information
98.6%
Debt to equity ratio
₹2.62b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹119.23m |
| Equity | ₹2.66b |
| Total liabilities | ₹4.63b |
| Total assets | ₹7.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521200's short term assets (₹4.4B) exceed its short term liabilities (₹3.5B).
Long Term Liabilities: 521200's short term assets (₹4.4B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 521200's net debt to equity ratio (94.1%) is considered high.
Reducing Debt: 521200's debt to equity ratio has reduced from 110.8% to 98.6% over the past 5 years.
Debt Coverage: 521200's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: 521200's interest payments on its debt are not well covered by EBIT (1.8x coverage).