Subhash Silk Mills Balance Sheet Health
Financial Health criteria checks 6/6
Subhash Silk Mills has a total shareholder equity of ₹105.0M and total debt of ₹8.6M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are ₹146.4M and ₹41.3M respectively. Subhash Silk Mills's EBIT is ₹5.5M making its interest coverage ratio 8.9. It has cash and short-term investments of ₹8.3M.
Key information
8.2%
Debt to equity ratio
₹8.64m
Debt
| Interest coverage ratio | 8.9x |
| Cash | ₹8.32m |
| Equity | ₹105.01m |
| Total liabilities | ₹41.35m |
| Total assets | ₹146.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530231's short term assets (₹42.1M) exceed its short term liabilities (₹7.4M).
Long Term Liabilities: 530231's short term assets (₹42.1M) exceed its long term liabilities (₹34.0M).
Debt to Equity History and Analysis
Debt Level: 530231's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: 530231's debt to equity ratio has reduced from 16.9% to 8.2% over the past 5 years.
Debt Coverage: 530231's debt is well covered by operating cash flow (100%).
Interest Coverage: 530231's interest payments on its debt are well covered by EBIT (8.9x coverage).