Sunil Industries Balance Sheet Health
Financial Health criteria checks 2/6
Sunil Industries has a total shareholder equity of ₹446.6M and total debt of ₹655.8M, which brings its debt-to-equity ratio to 146.8%. Its total assets and total liabilities are ₹1.4B and ₹961.3M respectively. Sunil Industries's EBIT is ₹88.4M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹49.6M.
Key information
146.8%
Debt to equity ratio
₹655.82m
Debt
Interest coverage ratio | 1.9x |
Cash | ₹49.63m |
Equity | ₹446.60m |
Total liabilities | ₹961.35m |
Total assets | ₹1.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521232's short term assets (₹1.1B) exceed its short term liabilities (₹904.9M).
Long Term Liabilities: 521232's short term assets (₹1.1B) exceed its long term liabilities (₹56.4M).
Debt to Equity History and Analysis
Debt Level: 521232's net debt to equity ratio (135.7%) is considered high.
Reducing Debt: 521232's debt to equity ratio has increased from 95.2% to 146.8% over the past 5 years.
Debt Coverage: 521232's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 521232's interest payments on its debt are not well covered by EBIT (1.9x coverage).