Safari Industries (India) Balance Sheet Health
Financial Health criteria checks 6/6
Safari Industries (India) has a total shareholder equity of ₹8.9B and total debt of ₹550.8M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are ₹12.8B and ₹3.9B respectively. Safari Industries (India)'s EBIT is ₹1.9B making its interest coverage ratio 691.9. It has cash and short-term investments of ₹3.0B.
Key information
6.2%
Debt to equity ratio
₹550.80m
Debt
| Interest coverage ratio | 691.9x |
| Cash | ₹3.03b |
| Equity | ₹8.92b |
| Total liabilities | ₹3.92b |
| Total assets | ₹12.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523025's short term assets (₹8.9B) exceed its short term liabilities (₹3.1B).
Long Term Liabilities: 523025's short term assets (₹8.9B) exceed its long term liabilities (₹861.2M).
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 50.7% to 6.2% over the past 5 years.
Debt Coverage: 523025's debt is well covered by operating cash flow (261.8%).
Interest Coverage: 523025's interest payments on its debt are well covered by EBIT (691.9x coverage).