Siyaram Silk Mills Balance Sheet Health
Financial Health criteria checks 6/6
Siyaram Silk Mills has a total shareholder equity of ₹12.0B and total debt of ₹2.5B, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are ₹18.0B and ₹6.0B respectively. Siyaram Silk Mills's EBIT is ₹2.3B making its interest coverage ratio 44.6. It has cash and short-term investments of ₹1.3B.
Key information
21.2%
Debt to equity ratio
₹2.54b
Debt
| Interest coverage ratio | 44.6x |
| Cash | ₹1.25b |
| Equity | ₹11.99b |
| Total liabilities | ₹5.97b |
| Total assets | ₹17.96b |
Recent financial health updates
Here's Why Siyaram Silk Mills (NSE:SIYSIL) Can Manage Its Debt Responsibly
Sep 09
Is Siyaram Silk Mills (NSE:SIYSIL) Using Too Much Debt?
Jul 23Does Siyaram Silk Mills (NSE:SIYSIL) Have A Healthy Balance Sheet?
Jul 09Is Siyaram Silk Mills (NSE:SIYSIL) Using Too Much Debt?
Mar 18Siyaram Silk Mills (NSE:SIYSIL) Is Making Moderate Use Of Debt
Dec 11Recent updates
Siyaram Silk Mills (NSE:SIYSIL) Hasn't Managed To Accelerate Its Returns
Nov 27There's No Escaping Siyaram Silk Mills Limited's (NSE:SIYSIL) Muted Earnings Despite A 28% Share Price Rise
Nov 05Siyaram Silk Mills (NSE:SIYSIL) Has Affirmed Its Dividend Of ₹4.00
Oct 31Increases to Siyaram Silk Mills Limited's (NSE:SIYSIL) CEO Compensation Might Cool off for now
Jul 21Here's Why Siyaram Silk Mills (NSE:SIYSIL) Can Manage Its Debt Responsibly
Sep 09Is There An Opportunity With Siyaram Silk Mills Limited's (NSE:SIYSIL) 29% Undervaluation?
Jan 31Returns on Capital Paint A Bright Future For Siyaram Silk Mills (NSE:SIYSIL)
Oct 07Is Siyaram Silk Mills (NSE:SIYSIL) Using Too Much Debt?
Jul 23Is Now The Time To Put Siyaram Silk Mills (NSE:SIYSIL) On Your Watchlist?
Jun 03Robust Earnings May Not Tell The Whole Story For Siyaram Silk Mills (NSE:SIYSIL)
May 15The Trend Of High Returns At Siyaram Silk Mills (NSE:SIYSIL) Has Us Very Interested
Jan 31The Returns On Capital At Siyaram Silk Mills (NSE:SIYSIL) Don't Inspire Confidence
Oct 04Should You Think About Buying Siyaram Silk Mills Limited (NSE:SIYSIL) Now?
Aug 11Should Shareholders Reconsider Siyaram Silk Mills Limited's (NSE:SIYSIL) CEO Compensation Package?
Jul 24Does Siyaram Silk Mills (NSE:SIYSIL) Have A Healthy Balance Sheet?
Jul 09Is Siyaram Silk Mills (NSE:SIYSIL) Using Too Much Debt?
Mar 18Need To Know: Siyaram Silk Mills Limited (NSE:SIYSIL) Insiders Have Been Buying Shares
Feb 25Should You Investigate Siyaram Silk Mills Limited (NSE:SIYSIL) At ₹201?
Feb 04How Much Of Siyaram Silk Mills Limited (NSE:SIYSIL) Do Insiders Own?
Jan 06Siyaram Silk Mills (NSE:SIYSIL) Is Making Moderate Use Of Debt
Dec 11The Senior President cum Director of Siyaram Silk Mills Limited (NSE:SIYSIL), Ashok Kumar Jalan, Just Bought 3,319% More Shares
Nov 15
What Type Of Returns Would Siyaram Silk Mills'(NSE:SIYSIL) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Nov 10Financial Position Analysis
Short Term Liabilities: SIYSIL's short term assets (₹12.1B) exceed its short term liabilities (₹4.9B).
Long Term Liabilities: SIYSIL's short term assets (₹12.1B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: SIYSIL's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: SIYSIL's debt to equity ratio has reduced from 60.6% to 21.2% over the past 5 years.
Debt Coverage: SIYSIL's debt is well covered by operating cash flow (82.9%).
Interest Coverage: SIYSIL's interest payments on its debt are well covered by EBIT (44.6x coverage).