Supertex Industries Balance Sheet Health
Financial Health criteria checks 4/6
Supertex Industries has a total shareholder equity of ₹305.6M and total debt of ₹221.6M, which brings its debt-to-equity ratio to 72.5%. Its total assets and total liabilities are ₹858.3M and ₹552.7M respectively. Supertex Industries's EBIT is ₹35.5M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹10.8M.
Key information
72.5%
Debt to equity ratio
₹221.60m
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₹10.80m |
| Equity | ₹305.60m |
| Total liabilities | ₹552.70m |
| Total assets | ₹858.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526133's short term assets (₹710.0M) exceed its short term liabilities (₹502.9M).
Long Term Liabilities: 526133's short term assets (₹710.0M) exceed its long term liabilities (₹49.8M).
Debt to Equity History and Analysis
Debt Level: 526133's net debt to equity ratio (69%) is considered high.
Reducing Debt: 526133's debt to equity ratio has reduced from 80.6% to 72.5% over the past 5 years.
Debt Coverage: 526133's debt is well covered by operating cash flow (20.3%).
Interest Coverage: 526133's interest payments on its debt are not well covered by EBIT (1.4x coverage).