Surat Trade and Mercantile Balance Sheet Health
Financial Health criteria checks 4/6
Surat Trade and Mercantile has a total shareholder equity of ₹2.0B and total debt of ₹269.0K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are ₹2.0B and ₹34.0M respectively.
Key information
0.01%
Debt to equity ratio
₹269.00k
Debt
Interest coverage ratio | n/a |
Cash | ₹904.95m |
Equity | ₹2.01b |
Total liabilities | ₹34.04m |
Total assets | ₹2.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530185's short term assets (₹975.1M) exceed its short term liabilities (₹8.7M).
Long Term Liabilities: 530185's short term assets (₹975.1M) exceed its long term liabilities (₹25.3M).
Debt to Equity History and Analysis
Debt Level: 530185 has more cash than its total debt.
Reducing Debt: 530185's debt to equity ratio has reduced from 0.8% to 0.01% over the past 5 years.
Debt Coverage: 530185's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 530185's interest payments on its debt are well covered by EBIT.