Sunil Industries Balance Sheet Health
Financial Health criteria checks 3/6
Sunil Industries has a total shareholder equity of ₹468.8M and total debt of ₹757.9M, which brings its debt-to-equity ratio to 161.7%. Its total assets and total liabilities are ₹1.5B and ₹1.1B respectively. Sunil Industries's EBIT is ₹92.9M making its interest coverage ratio 1.7. It has cash and short-term investments of ₹1.5M.
Key information
161.7%
Debt to equity ratio
₹757.92m
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₹1.46m |
| Equity | ₹468.81m |
| Total liabilities | ₹1.08b |
| Total assets | ₹1.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521232's short term assets (₹1.2B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: 521232's short term assets (₹1.2B) exceed its long term liabilities (₹48.6M).
Debt to Equity History and Analysis
Debt Level: 521232's net debt to equity ratio (161.4%) is considered high.
Reducing Debt: 521232's debt to equity ratio has increased from 81.3% to 161.7% over the past 5 years.
Debt Coverage: 521232's debt is well covered by operating cash flow (32.4%).
Interest Coverage: 521232's interest payments on its debt are not well covered by EBIT (1.7x coverage).