Sambandam Spinning Mills Balance Sheet Health
Financial Health criteria checks 2/6
Sambandam Spinning Mills has a total shareholder equity of ₹879.4M and total debt of ₹1.1B, which brings its debt-to-equity ratio to 128.5%. Its total assets and total liabilities are ₹2.6B and ₹1.8B respectively.
Key information
128.5%
Debt to equity ratio
₹1.13b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹18.16m |
| Equity | ₹879.40m |
| Total liabilities | ₹1.76b |
| Total assets | ₹2.63b |
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 (₹1.2B).
Long Term Liabilities: 521240's short term assets (₹1.3B) exceed its long term liabilities (₹507.4M).
Debt to Equity History and Analysis
Debt Level: 521240's net debt to equity ratio (126.5%) is considered high.
Reducing Debt: 521240's debt to equity ratio has increased from 66.3% to 128.5% over the past 5 years.
Debt Coverage: 521240's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: Insufficient data to determine if 521240's interest payments on its debt are well covered by EBIT.