Sahaj Fashions Balance Sheet Health
Financial Health criteria checks 3/6
Sahaj Fashions has a total shareholder equity of ₹337.8M and total debt of ₹361.7M, which brings its debt-to-equity ratio to 107.1%. Its total assets and total liabilities are ₹853.3M and ₹515.4M respectively. Sahaj Fashions's EBIT is ₹53.2M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹4.9M.
Key information
107.1%
Debt to equity ratio
₹361.71m
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₹4.90m |
| Equity | ₹337.85m |
| Total liabilities | ₹515.40m |
| Total assets | ₹853.25m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SAHAJ's short term assets (₹741.8M) exceed its short term liabilities (₹396.3M).
Long Term Liabilities: SAHAJ's short term assets (₹741.8M) exceed its long term liabilities (₹119.1M).
Debt to Equity History and Analysis
Debt Level: SAHAJ's net debt to equity ratio (105.6%) is considered high.
Reducing Debt: SAHAJ's debt to equity ratio has reduced from 260.8% to 107.1% over the past 5 years.
Debt Coverage: SAHAJ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SAHAJ's interest payments on its debt are not well covered by EBIT (1.3x coverage).