Sambandam Spinning Mills Balance Sheet Health
Financial Health criteria checks 2/6
Sambandam Spinning Mills has a total shareholder equity of ₹971.6M and total debt of ₹1.2B, which brings its debt-to-equity ratio to 128.4%. Its total assets and total liabilities are ₹2.7B and ₹1.7B respectively.
Key information
128.4%
Debt to equity ratio
₹1.25b
Debt
Interest coverage ratio | n/a |
Cash | ₹11.38m |
Equity | ₹971.59m |
Total liabilities | ₹1.71b |
Total assets | ₹2.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521240's short term assets (₹1.3B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 521240's short term assets (₹1.3B) exceed its long term liabilities (₹636.1M).
Debt to Equity History and Analysis
Debt Level: 521240's net debt to equity ratio (127.2%) is considered high.
Reducing Debt: 521240's debt to equity ratio has increased from 77.9% to 128.4% over the past 5 years.
Debt Coverage: 521240's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: Insufficient data to determine if 521240's interest payments on its debt are well covered by EBIT.