Suryalakshmi Cotton Mills Limited

BSE:521200 Stock Report

Market Cap: ₹1.3b

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 ratio1.9x
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).


Balance Sheet


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