Super Tannery Balance Sheet Health
Financial Health criteria checks 4/6
Super Tannery has a total shareholder equity of ₹977.8M and total debt of ₹783.6M, which brings its debt-to-equity ratio to 80.1%. Its total assets and total liabilities are ₹2.5B and ₹1.5B respectively. Super Tannery's EBIT is ₹147.3M making its interest coverage ratio 3. It has cash and short-term investments of ₹100.8M.
Key information
80.1%
Debt to equity ratio
₹783.60m
Debt
| Interest coverage ratio | 3x |
| Cash | ₹100.80m |
| Equity | ₹977.76m |
| Total liabilities | ₹1.49b |
| Total assets | ₹2.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523842's short term assets (₹1.5B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 523842's short term assets (₹1.5B) exceed its long term liabilities (₹161.2M).
Debt to Equity History and Analysis
Debt Level: 523842's net debt to equity ratio (69.8%) is considered high.
Reducing Debt: 523842's debt to equity ratio has reduced from 94% to 80.1% over the past 5 years.
Debt Coverage: 523842's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: 523842's interest payments on its debt are well covered by EBIT (3x coverage).