Safari Industries (India) Balance Sheet Health
Financial Health criteria checks 6/6
Safari Industries (India) has a total shareholder equity of ₹8.2B and total debt of ₹415.7M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are ₹11.4B and ₹3.2B respectively. Safari Industries (India)'s EBIT is ₹2.3B making its interest coverage ratio 23.8. It has cash and short-term investments of ₹3.7B.
Key information
5.0%
Debt to equity ratio
₹415.70m
Debt
Interest coverage ratio | 23.8x |
Cash | ₹3.67b |
Equity | ₹8.23b |
Total liabilities | ₹3.21b |
Total assets | ₹11.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523025's short term assets (₹8.2B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: 523025's short term assets (₹8.2B) exceed its long term liabilities (₹895.8M).
Debt to Equity History and Analysis
Debt Level: 523025 has more cash than its total debt.
Reducing Debt: 523025's debt to equity ratio has reduced from 52% to 5% over the past 5 years.
Debt Coverage: 523025's debt is well covered by operating cash flow (521.8%).
Interest Coverage: 523025's interest payments on its debt are well covered by EBIT (23.8x coverage).