Safari Industries (India) Balance Sheet Health
Financial Health criteria checks 6/6
Safari Industries (India) has a total shareholder equity of ₹5.1B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are ₹8.7B and ₹3.5B respectively. Safari Industries (India)'s EBIT is ₹2.2B making its interest coverage ratio 97.3. It has cash and short-term investments of ₹1.0B.
Key information
25.6%
Debt to equity ratio
₹1.31b
Debt
| Interest coverage ratio | 97.3x |
| Cash | ₹1.01b |
| Equity | ₹5.14b |
| Total liabilities | ₹3.52b |
| Total assets | ₹8.65b |
Recent financial health updates
Safari Industries (India) (NSE:SAFARI) Has A Pretty Healthy Balance Sheet
Jul 29
Does Safari Industries (India) (NSE:SAFARI) Have A Healthy Balance Sheet?
Dec 30Recent updates
Safari 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 21Analysts Have Lowered Expectations For Safari Industries (India) Limited (NSE:SAFARI) After Its Latest Results
May 16This Insider Has Just Sold Shares In Safari Industries (India) Limited (NSE:SAFARI)
Mar 13Would Shareholders Who Purchased Safari Industries (India)'s (NSE:SAFARI) Stock Year Be Happy With The Share price Today?
Feb 08Does Safari Industries (India) (NSE:SAFARI) Have A Healthy Balance Sheet?
Dec 30Financial Position Analysis
Short Term Liabilities: SAFARI's short term assets (₹6.2B) exceed its short term liabilities (₹2.6B).
Long Term Liabilities: SAFARI's short term assets (₹6.2B) exceed its long term liabilities (₹876.8M).
Debt to Equity History and Analysis
Debt Level: SAFARI's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: SAFARI's debt to equity ratio has reduced from 47.5% to 25.6% over the past 5 years.
Debt Coverage: SAFARI's debt is well covered by operating cash flow (122.1%).
Interest Coverage: SAFARI's interest payments on its debt are well covered by EBIT (97.3x coverage).