Sagar Diamonds Balance Sheet Health
Financial Health criteria checks 5/6
Sagar Diamonds has a total shareholder equity of ₹332.2M and total debt of ₹5.3M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are ₹357.5M and ₹25.4M respectively. Sagar Diamonds's EBIT is ₹3.5B making its interest coverage ratio -218.2. It has cash and short-term investments of ₹174.1M.
Key information
1.6%
Debt to equity ratio
₹5.29m
Debt
Interest coverage ratio | -218.2x |
Cash | ₹174.10m |
Equity | ₹332.18m |
Total liabilities | ₹25.37m |
Total assets | ₹357.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540715's short term assets (₹200.0M) exceed its short term liabilities (₹19.7M).
Long Term Liabilities: 540715's short term assets (₹200.0M) exceed its long term liabilities (₹5.7M).
Debt to Equity History and Analysis
Debt Level: 540715 has more cash than its total debt.
Reducing Debt: 540715's debt to equity ratio has increased from 0.9% to 1.6% over the past 5 years.
Debt Coverage: 540715's debt is well covered by operating cash flow (4038.2%).
Interest Coverage: 540715 earns more interest than it pays, so coverage of interest payments is not a concern.