Sarla Performance Fibers Balance Sheet Health
Financial Health criteria checks 6/6
Sarla Performance Fibers has a total shareholder equity of ₹4.1B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 29.5%. Its total assets and total liabilities are ₹6.1B and ₹2.0B respectively. Sarla Performance Fibers's EBIT is ₹270.6M making its interest coverage ratio 81.1. It has cash and short-term investments of ₹508.8M.
Key information
29.5%
Debt to equity ratio
₹1.20b
Debt
Interest coverage ratio | 81.1x |
Cash | ₹508.80m |
Equity | ₹4.08b |
Total liabilities | ₹2.02b |
Total assets | ₹6.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526885's short term assets (₹2.5B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: 526885's short term assets (₹2.5B) exceed its long term liabilities (₹270.1M).
Debt to Equity History and Analysis
Debt Level: 526885's net debt to equity ratio (17%) is considered satisfactory.
Reducing Debt: 526885's debt to equity ratio has reduced from 83.3% to 29.5% over the past 5 years.
Debt Coverage: 526885's debt is well covered by operating cash flow (45.9%).
Interest Coverage: 526885's interest payments on its debt are well covered by EBIT (81.1x coverage).