Safari Industries (India) Balance Sheet Health
Financial Health criteria checks 6/6
Safari Industries (India) has a total shareholder equity of ₹8.9B and total debt of ₹550.8M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are ₹12.8B and ₹3.9B respectively. Safari Industries (India)'s EBIT is ₹1.9B making its interest coverage ratio 691.9. It has cash and short-term investments of ₹3.0B.
Key information
6.2%
Debt to equity ratio
₹550.80m
Debt
| Interest coverage ratio | 691.9x |
| Cash | ₹3.03b |
| Equity | ₹8.92b |
| Total liabilities | ₹3.92b |
| Total assets | ₹12.84b |
Recent financial health updates
Safari Industries (India) (NSE:SAFARI) Seems To Use Debt Quite Sensibly
Sep 30
Does Safari Industries (India) (NSE:SAFARI) Have A Healthy Balance Sheet?
Jun 30Safari Industries (India) (NSE:SAFARI) Has A Pretty Healthy Balance Sheet
Jul 29Recent updates
Safari Industries (India)'s (NSE:SAFARI) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 16Safari Industries (India) (NSE:SAFARI) Has Announced A Dividend Of ₹1.50
Nov 12Safari Industries (India) (NSE:SAFARI) Seems To Use Debt Quite Sensibly
Sep 30Here's Why We Think Safari Industries (India) (NSE:SAFARI) Is Well Worth Watching
Aug 31Safari Industries (India) Limited's (NSE:SAFARI) CEO Looks Due For A Compensation Raise
Aug 01Safari Industries (India) Limited (NSE:SAFARI) Just Released Its Annual Results And Analysts Are Updating Their Estimates
Jul 18Does Safari Industries (India) (NSE:SAFARI) Have A Healthy Balance Sheet?
Jun 30A Look Into Safari Industries (India)'s (NSE:SAFARI) Impressive Returns On Capital
Jun 12Safari Industries (India) Limited's (NSE:SAFARI) Business Is Trailing The Market But Its Shares Aren't
Apr 05Is Now The Time To Put Safari Industries (India) (NSE:SAFARI) On Your Watchlist?
Mar 10Safari Industries (India) Limited Just Missed EPS By 7.4%: Here's What Analysts Think Will Happen Next
Feb 11We Ran A Stock Scan For Earnings Growth And Safari Industries (India) (NSE:SAFARI) Passed With Ease
Oct 02Under The Bonnet, Safari Industries (India)'s (NSE:SAFARI) Returns Look Impressive
Sep 16Safari Industries (India) (NSE:SAFARI) Has A Pretty Healthy Balance Sheet
Jul 29If EPS Growth Is Important To You, Safari Industries (India) (NSE:SAFARI) Presents An Opportunity
Apr 04Need To Know: Analysts Are Much More Bullish On Safari Industries (India) Limited (NSE:SAFARI)
Nov 08Here's Why Safari Industries (India) (NSE:SAFARI) Has Caught The Eye Of Investors
Oct 04Capital Investments At Safari Industries (India) (NSE:SAFARI) Point To A Promising Future
Sep 14The Strong Earnings Posted By Safari Industries (India) (NSE:SAFARI) Are A Good Indication Of The Strength Of The Business
May 21Financial Position Analysis
Short Term Liabilities: SAFARI's short term assets (₹8.9B) exceed its short term liabilities (₹3.1B).
Long Term Liabilities: SAFARI's short term assets (₹8.9B) exceed its long term liabilities (₹861.2M).
Debt to Equity History and Analysis
Debt Level: SAFARI has more cash than its total debt.
Reducing Debt: SAFARI's debt to equity ratio has reduced from 50.7% to 6.2% over the past 5 years.
Debt Coverage: SAFARI's debt is well covered by operating cash flow (261.8%).
Interest Coverage: SAFARI's interest payments on its debt are well covered by EBIT (691.9x coverage).