Swaraj Suiting Balance Sheet Health
Financial Health criteria checks 3/6
Swaraj Suiting has a total shareholder equity of ₹1.2B and total debt of ₹2.0B, which brings its debt-to-equity ratio to 167.8%. Its total assets and total liabilities are ₹4.4B and ₹3.3B respectively. Swaraj Suiting's EBIT is ₹392.8M making its interest coverage ratio 2.7. It has cash and short-term investments of ₹667.0K.
Key information
167.8%
Debt to equity ratio
₹1.99b
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₹667.00k |
| Equity | ₹1.19b |
| Total liabilities | ₹3.25b |
| Total assets | ₹4.44b |
Recent financial health updates
These 4 Measures Indicate That Swaraj Suiting (NSE:SWARAJ) Is Using Debt Extensively
Sep 16
These 4 Measures Indicate That Swaraj Suiting (NSE:SWARAJ) Is Using Debt Extensively
Jun 12Here's Why Swaraj Suiting (NSE:SWARAJ) Has A Meaningful Debt Burden
Feb 21Recent updates
Swaraj Suiting's (NSE:SWARAJ) Promising Earnings May Rest On Soft Foundations
Nov 22Sentiment Still Eluding Swaraj Suiting Limited (NSE:SWARAJ)
Nov 02These 4 Measures Indicate That Swaraj Suiting (NSE:SWARAJ) Is Using Debt Extensively
Sep 16There's Been No Shortage Of Growth Recently For Swaraj Suiting's (NSE:SWARAJ) Returns On Capital
Jul 25Swaraj Suiting Limited (NSE:SWARAJ) Soars 34% But It's A Story Of Risk Vs Reward
Jun 29These 4 Measures Indicate That Swaraj Suiting (NSE:SWARAJ) Is Using Debt Extensively
Jun 12Swaraj 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 (₹2.3B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: SWARAJ's short term assets (₹2.3B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: SWARAJ's net debt to equity ratio (167.8%) is considered high.
Reducing Debt: SWARAJ's debt to equity ratio has increased from 167.1% to 167.8% over the past 5 years.
Debt Coverage: SWARAJ's debt is well covered by operating cash flow (24.7%).
Interest Coverage: SWARAJ's interest payments on its debt are not well covered by EBIT (2.7x coverage).