Sacheta Metals Balance Sheet Health
Financial Health criteria checks 4/6
Sacheta Metals has a total shareholder equity of ₹489.8M and total debt of ₹173.4M, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are ₹730.3M and ₹240.5M respectively. Sacheta Metals's EBIT is ₹30.3M making its interest coverage ratio 3.7. It has cash and short-term investments of ₹55.3M.
Key information
35.4%
Debt to equity ratio
₹173.40m
Debt
Interest coverage ratio | 3.7x |
Cash | ₹55.30m |
Equity | ₹489.80m |
Total liabilities | ₹240.50m |
Total assets | ₹730.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531869's short term assets (₹570.1M) exceed its short term liabilities (₹240.9M).
Long Term Liabilities: 531869's short term assets (₹570.1M) do not cover its long term liabilities (₹-400.0K).
Debt to Equity History and Analysis
Debt Level: 531869's net debt to equity ratio (24.1%) is considered satisfactory.
Reducing Debt: 531869's debt to equity ratio has reduced from 51% to 35.4% over the past 5 years.
Debt Coverage: 531869's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: 531869's interest payments on its debt are well covered by EBIT (3.7x coverage).