Sangam (India) Balance Sheet Health
Financial Health criteria checks 4/6
Sangam (India) has a total shareholder equity of ₹9.7B and total debt of ₹9.3B, which brings its debt-to-equity ratio to 96.5%. Its total assets and total liabilities are ₹23.9B and ₹14.3B respectively. Sangam (India)'s EBIT is ₹1.5B making its interest coverage ratio 3.4. It has cash and short-term investments of ₹288.1M.
Key information
96.5%
Debt to equity ratio
₹9.33b
Debt
| Interest coverage ratio | 3.4x |
| Cash | ₹288.10m |
| Equity | ₹9.67b |
| Total liabilities | ₹14.27b |
| Total assets | ₹23.95b |
Recent financial health updates
Is Sangam (India) (NSE:SANGAMIND) Using Too Much Debt?
Mar 12
Here's Why Sangam (India) (NSE:SANGAMIND) Has A Meaningful Debt Burden
Jul 21We Think Sangam (India) (NSE:SANGAMIND) Can Stay On Top Of Its Debt
Aug 18We Think Sangam (India) (NSE:SANGAMIND) Can Stay On Top Of Its Debt
Dec 14These 4 Measures Indicate That Sangam (India) (NSE:SANGAMIND) Is Using Debt Extensively
Jun 07Sangam (India) (NSE:SANGAMIND) Has A Somewhat Strained Balance Sheet
Aug 06Recent updates
Is Sangam (India) (NSE:SANGAMIND) Using Too Much Debt?
Mar 12Earnings Not Telling The Story For Sangam (India) Limited (NSE:SANGAMIND) After Shares Rise 40%
Dec 23Sangam (India) (NSE:SANGAMIND) Is Looking To Continue Growing Its Returns On Capital
Oct 26Here's Why Sangam (India) (NSE:SANGAMIND) Has A Meaningful Debt Burden
Jul 21Returns On Capital Are A Standout For Sangam (India) (NSE:SANGAMIND)
Apr 25Does Sangam (India) (NSE:SANGAMIND) Deserve A Spot On Your Watchlist?
Dec 26Sangam (India)'s (NSE:SANGAMIND) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 10We Think Sangam (India) (NSE:SANGAMIND) Can Stay On Top Of Its Debt
Aug 18We Think Sangam (India) (NSE:SANGAMIND) Can Stay On Top Of Its Debt
Dec 14Sangam (India) (NSE:SANGAMIND) Is Finding It Tricky To Allocate Its Capital
Oct 16These 4 Measures Indicate That Sangam (India) (NSE:SANGAMIND) Is Using Debt Extensively
Jun 07Zooming in on NSE:SANGAMIND's 1.3% Dividend Yield
Apr 05A Look At Sangam (India)'s (NSE:SANGAMIND) CEO Remuneration
Feb 10The Executive Chairman of Sangam (India) Limited (NSE:SANGAMIND), Ram Soni, Just Bought 204% More Shares
Jan 06
Don't Race Out To Buy Sangam (India) Limited (NSE:SANGAMIND) Just Because It's Going Ex-Dividend
Nov 14Returns On Capital At Sangam (India) (NSE:SANGAMIND) Paint An Interesting Picture
Oct 20Are Sangam (India)'s (NSE:SANGAMIND) Statutory Earnings A Good Guide To Its Underlying Profitability?
Aug 27Sangam (India) (NSE:SANGAMIND) Has A Somewhat Strained Balance Sheet
Aug 06Sangam (India) Limited's (NSE:SANGAMIND) Popularity With Investors Under Threat
Jul 16Read This Before Buying Sangam (India) Limited (NSE:SANGAMIND) For Its Dividend
Jul 15We're Watching These Trends At Sangam (India) (NSE:SANGAMIND)
Jun 24Financial Position Analysis
Short Term Liabilities: SANGAMIND's short term assets (₹11.1B) exceed its short term liabilities (₹9.7B).
Long Term Liabilities: SANGAMIND's short term assets (₹11.1B) exceed its long term liabilities (₹4.6B).
Debt to Equity History and Analysis
Debt Level: SANGAMIND's net debt to equity ratio (93.5%) is considered high.
Reducing Debt: SANGAMIND's debt to equity ratio has reduced from 140.2% to 96.5% over the past 5 years.
Debt Coverage: SANGAMIND's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: SANGAMIND's interest payments on its debt are well covered by EBIT (3.4x coverage).