Sahaj Fashions Balance Sheet Health
Financial Health criteria checks 3/6
Sahaj Fashions has a total shareholder equity of ₹172.4M and total debt of ₹401.6M, which brings its debt-to-equity ratio to 233%. Its total assets and total liabilities are ₹717.9M and ₹545.5M respectively. Sahaj Fashions's EBIT is ₹78.2M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹18.5M.
Key information
233.0%
Debt to equity ratio
₹401.64m
Debt
Interest coverage ratio | 2.3x |
Cash | ₹18.55m |
Equity | ₹172.41m |
Total liabilities | ₹545.53m |
Total assets | ₹717.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAHAJ's short term assets (₹632.8M) exceed its short term liabilities (₹391.0M).
Long Term Liabilities: SAHAJ's short term assets (₹632.8M) exceed its long term liabilities (₹154.6M).
Debt to Equity History and Analysis
Debt Level: SAHAJ's net debt to equity ratio (222.2%) is considered high.
Reducing Debt: SAHAJ's debt to equity ratio has reduced from 266.4% to 233% over the past 5 years.
Debt Coverage: SAHAJ's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: SAHAJ's interest payments on its debt are not well covered by EBIT (2.3x coverage).