Suumaya Industries Balance Sheet Health
Financial Health criteria checks 2/6
Suumaya Industries has a total shareholder equity of ₹7.0B and total debt of ₹3.5B, which brings its debt-to-equity ratio to 49.9%. Its total assets and total liabilities are ₹23.9B and ₹17.0B respectively.
Key information
49.9%
Debt to equity ratio
₹3.47b
Debt
Interest coverage ratio | n/a |
Cash | ₹51.50m |
Equity | ₹6.96b |
Total liabilities | ₹16.95b |
Total assets | ₹23.91b |
Recent financial health updates
Suumaya Industries (NSE:SUULD) Is Carrying A Fair Bit Of Debt
Jul 21Suumaya Industries (NSE:SUULD) Could Easily Take On More Debt
Dec 21Recent updates
Suumaya Industries Limited's (NSE:SUULD) Shares Lagging The Industry But So Is The Business
Jan 26Suumaya Industries (NSE:SUULD) Is Carrying A Fair Bit Of Debt
Jul 21Suumaya Industries (NSE:SUULD) Could Become A Multi-Bagger
Mar 09Does Suumaya Industries (NSE:SUULD) Deserve A Spot On Your Watchlist?
Jun 03Suumaya Industries (NSE:SUULD) Could Easily Take On More Debt
Dec 21Does Suumaya Industries (NSE:SUULD) Deserve A Spot On Your Watchlist?
Nov 12A Look At The Fair Value Of Suumaya Industries Limited (NSE:SUULD)
Jul 17Does Suumaya Industries (NSE:SUULD) Deserve A Spot On Your Watchlist?
Jun 26Is There More To The Story Than Suumaya Lifestyle's (NSE:SUULD) Earnings Growth?
Dec 22Here's Why I Think Suumaya Lifestyle (NSE:SUULD) Might Deserve Your Attention Today
Dec 01Financial Position Analysis
Short Term Liabilities: SUULD's short term assets (₹23.5B) exceed its short term liabilities (₹16.9B).
Long Term Liabilities: SUULD's short term assets (₹23.5B) exceed its long term liabilities (₹66.7M).
Debt to Equity History and Analysis
Debt Level: SUULD's net debt to equity ratio (49.2%) is considered high.
Reducing Debt: SUULD's debt to equity ratio has increased from 38.5% to 49.9% over the past 5 years.
Debt Coverage: SUULD's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: Insufficient data to determine if SUULD's interest payments on its debt are well covered by EBIT.