Sri Nachammai Cotton Mills Balance Sheet Health
Financial Health criteria checks 3/6
Sri Nachammai Cotton Mills has a total shareholder equity of ₹203.9M and total debt of ₹336.8M, which brings its debt-to-equity ratio to 165.2%. Its total assets and total liabilities are ₹869.3M and ₹665.4M respectively.
Key information
165.2%
Debt to equity ratio
₹336.77m
Debt
Interest coverage ratio | n/a |
Cash | ₹625.00k |
Equity | ₹203.89m |
Total liabilities | ₹665.37m |
Total assets | ₹869.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521234's short term assets (₹421.6M) exceed its short term liabilities (₹227.3M).
Long Term Liabilities: 521234's short term assets (₹421.6M) do not cover its long term liabilities (₹438.0M).
Debt to Equity History and Analysis
Debt Level: 521234's net debt to equity ratio (164.9%) is considered high.
Reducing Debt: 521234's debt to equity ratio has reduced from 236.2% to 165.2% over the past 5 years.
Debt Coverage: 521234's debt is well covered by operating cash flow (45%).
Interest Coverage: Insufficient data to determine if 521234's interest payments on its debt are well covered by EBIT.