Swarnsarita Jewels India Balance Sheet Health
Financial Health criteria checks 3/6
Swarnsarita Jewels India has a total shareholder equity of ₹1.2B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 104.8%. Its total assets and total liabilities are ₹2.7B and ₹1.5B respectively. Swarnsarita Jewels India's EBIT is ₹183.1M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹445.9M.
Key information
104.8%
Debt to equity ratio
₹1.28b
Debt
Interest coverage ratio | 2.5x |
Cash | ₹445.95m |
Equity | ₹1.22b |
Total liabilities | ₹1.47b |
Total assets | ₹2.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526365's short term assets (₹2.5B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 526365's short term assets (₹2.5B) exceed its long term liabilities (₹160.9M).
Debt to Equity History and Analysis
Debt Level: 526365's net debt to equity ratio (68.4%) is considered high.
Reducing Debt: 526365's debt to equity ratio has reduced from 106.3% to 104.8% over the past 5 years.
Debt Coverage: 526365's debt is not well covered by operating cash flow (1.4%).
Interest Coverage: 526365's interest payments on its debt are not well covered by EBIT (2.5x coverage).