Swaraj Suiting Balance Sheet Health
Financial Health criteria checks 3/6
Swaraj Suiting has a total shareholder equity of ₹940.0M and total debt of ₹1.3B, which brings its debt-to-equity ratio to 133.9%. Its total assets and total liabilities are ₹2.9B and ₹1.9B respectively. Swaraj Suiting's EBIT is ₹231.7M making its interest coverage ratio 2. It has cash and short-term investments of ₹388.0K.
Key information
133.9%
Debt to equity ratio
₹1.26b
Debt
Interest coverage ratio | 2x |
Cash | ₹388.00k |
Equity | ₹939.97m |
Total liabilities | ₹1.92b |
Total assets | ₹2.86b |
Recent financial health updates
Recent updates
Swaraj Suiting (NSE:SWARAJ) Is Doing The Right Things To Multiply Its Share Price
Apr 20Here's Why Swaraj Suiting (NSE:SWARAJ) Has A Meaningful Debt Burden
Feb 21Swaraj Suiting (NSE:SWARAJ) Shareholders Will Want The ROCE Trajectory To Continue
Dec 08Swaraj Suiting (NSE:SWARAJ) Hasn't Managed To Accelerate Its Returns
Mar 29Swaraj Suiting Limited's (NSE:SWARAJ) Earnings Are Not Doing Enough For Some Investors
Jun 29Financial Position Analysis
Short Term Liabilities: SWARAJ's short term assets (₹1.6B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: SWARAJ's short term assets (₹1.6B) exceed its long term liabilities (₹771.3M).
Debt to Equity History and Analysis
Debt Level: SWARAJ's net debt to equity ratio (133.9%) is considered high.
Reducing Debt: SWARAJ's debt to equity ratio has reduced from 179.3% to 133.9% over the past 5 years.
Debt Coverage: SWARAJ's debt is not well covered by operating cash flow (4.2%).
Interest Coverage: SWARAJ's interest payments on its debt are not well covered by EBIT (2x coverage).