Sky Gold Balance Sheet Health
Financial Health criteria checks 3/6
Sky Gold has a total shareholder equity of ₹1.1B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 168.8%. Its total assets and total liabilities are ₹3.2B and ₹2.1B respectively. Sky Gold's EBIT is ₹593.2M making its interest coverage ratio 3.7. It has cash and short-term investments of ₹50.7M.
Key information
168.8%
Debt to equity ratio
₹1.92b
Debt
Interest coverage ratio | 3.7x |
Cash | ₹50.67m |
Equity | ₹1.14b |
Total liabilities | ₹2.07b |
Total assets | ₹3.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541967's short term assets (₹2.1B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: 541967's short term assets (₹2.1B) exceed its long term liabilities (₹260.9M).
Debt to Equity History and Analysis
Debt Level: 541967's net debt to equity ratio (164.3%) is considered high.
Reducing Debt: 541967's debt to equity ratio has increased from 117.6% to 168.8% over the past 5 years.
Debt Coverage: 541967's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 541967's interest payments on its debt are well covered by EBIT (3.7x coverage).