Suryalakshmi Cotton Mills Balance Sheet Health
Financial Health criteria checks 3/6
Suryalakshmi Cotton Mills has a total shareholder equity of ₹2.7B and total debt of ₹2.6B, which brings its debt-to-equity ratio to 98.6%. Its total assets and total liabilities are ₹7.3B and ₹4.6B respectively. Suryalakshmi Cotton Mills's EBIT is ₹368.2M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹119.2M.
Key information
98.6%
Debt to equity ratio
₹2.62b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹119.23m |
| Equity | ₹2.66b |
| Total liabilities | ₹4.63b |
| Total assets | ₹7.29b |
Recent financial health updates
Here's Why Suryalakshmi Cotton Mills (NSE:SURYALAXMI) Is Weighed Down By Its Debt Load
Jul 02
Is Suryalakshmi Cotton Mills (NSE:SURYALAXMI) Using Too Much Debt?
Jan 31Does Suryalakshmi Cotton Mills (NSE:SURYALAXMI) Have A Healthy Balance Sheet?
Sep 05Does Suryalakshmi Cotton Mills (NSE:SURYALAXMI) Have A Healthy Balance Sheet?
Dec 26Is Suryalakshmi Cotton Mills (NSE:SURYALAXMI) Using Too Much Debt?
Jun 21These 4 Measures Indicate That Suryalakshmi Cotton Mills (NSE:SURYALAXMI) Is Using Debt Extensively
Oct 26Recent updates
Suryalakshmi Cotton Mills Limited's (NSE:SURYALAXMI) Popularity With Investors Is Under Threat From Overpricing
Oct 08What Suryalakshmi Cotton Mills Limited's (NSE:SURYALAXMI) 29% Share Price Gain Is Not Telling You
Jul 02Here's Why Suryalakshmi Cotton Mills (NSE:SURYALAXMI) Is Weighed Down By Its Debt Load
Jul 02We Like These Underlying Return On Capital Trends At Suryalakshmi Cotton Mills (NSE:SURYALAXMI)
Mar 12Is Suryalakshmi Cotton Mills (NSE:SURYALAXMI) Using Too Much Debt?
Jan 31Potential Upside For Suryalakshmi Cotton Mills Limited (NSE:SURYALAXMI) Not Without Risk
Dec 27Does Suryalakshmi Cotton Mills (NSE:SURYALAXMI) Have A Healthy Balance Sheet?
Sep 05There's Been No Shortage Of Growth Recently For Suryalakshmi Cotton Mills' (NSE:SURYALAXMI) Returns On Capital
Mar 28Does Suryalakshmi Cotton Mills (NSE:SURYALAXMI) Have A Healthy Balance Sheet?
Dec 26Returns Are Gaining Momentum At Suryalakshmi Cotton Mills (NSE:SURYALAXMI)
Oct 19Suryalakshmi Cotton Mills Limited's (NSE:SURYALAXMI) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Aug 27Is Suryalakshmi Cotton Mills (NSE:SURYALAXMI) Using Too Much Debt?
Jun 21Suryalakshmi Cotton Mills (NSE:SURYALAXMI) Will Be Looking To Turn Around Its Returns
Dec 21Suryalakshmi Cotton Mills' (NSE:SURYALAXMI) Earnings Are Of Questionable Quality
Oct 27These 4 Measures Indicate That Suryalakshmi Cotton Mills (NSE:SURYALAXMI) Is Using Debt Extensively
Oct 26Does Suryalakshmi Cotton Mills (NSE:SURYALAXMI) Have A Healthy Balance Sheet?
Jul 05Suryalakshmi Cotton Mills (NSE:SURYALAXMI) May Have Issues Allocating Its Capital
May 13Should You Be Worried About Suryalakshmi Cotton Mills' (NSE:SURYALAXMI) Returns On Capital?
Feb 08Suryalakshmi Cotton Mills (NSE:SURYALAXMI) Has Debt But No Earnings; Should You Worry?
Jan 04Should You Be Worried About Suryalakshmi Cotton Mills' (NSE:SURYALAXMI) Returns On Capital?
Jul 29Financial Position Analysis
Short Term Liabilities: SURYALAXMI's short term assets (₹4.4B) exceed its short term liabilities (₹3.5B).
Long Term Liabilities: SURYALAXMI's short term assets (₹4.4B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: SURYALAXMI's net debt to equity ratio (94.1%) is considered high.
Reducing Debt: SURYALAXMI's debt to equity ratio has reduced from 110.8% to 98.6% over the past 5 years.
Debt Coverage: SURYALAXMI's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: SURYALAXMI's interest payments on its debt are not well covered by EBIT (1.8x coverage).