Super Tannery Balance Sheet Health
Financial Health criteria checks 5/6
Super Tannery has a total shareholder equity of ₹948.0M and total debt of ₹597.2M, which brings its debt-to-equity ratio to 63%. Its total assets and total liabilities are ₹2.3B and ₹1.3B respectively. Super Tannery's EBIT is ₹119.1M making its interest coverage ratio 3.8. It has cash and short-term investments of ₹69.3M.
Key information
63.0%
Debt to equity ratio
₹597.20m
Debt
Interest coverage ratio | 3.8x |
Cash | ₹69.29m |
Equity | ₹948.00m |
Total liabilities | ₹1.33b |
Total assets | ₹2.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523842's short term assets (₹1.4B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 523842's short term assets (₹1.4B) exceed its long term liabilities (₹134.8M).
Debt to Equity History and Analysis
Debt Level: 523842's net debt to equity ratio (55.7%) is considered high.
Reducing Debt: 523842's debt to equity ratio has reduced from 98.6% to 63% over the past 5 years.
Debt Coverage: 523842's debt is well covered by operating cash flow (52%).
Interest Coverage: 523842's interest payments on its debt are well covered by EBIT (3.8x coverage).