Symphony Balance Sheet Health
Financial Health criteria checks 6/6
Symphony has a total shareholder equity of ₹7.3B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are ₹14.6B and ₹7.3B respectively. Symphony's EBIT is ₹2.6B making its interest coverage ratio -35. It has cash and short-term investments of ₹4.5B.
Key information
19.9%
Debt to equity ratio
₹1.45b
Debt
| Interest coverage ratio | -35x |
| Cash | ₹4.50b |
| Equity | ₹7.30b |
| Total liabilities | ₹7.33b |
| Total assets | ₹14.63b |
Recent financial health updates
Does Symphony (NSE:SYMPHONY) Have A Healthy Balance Sheet?
May 30
Symphony (NSE:SYMPHONY) Has A Rock Solid Balance Sheet
Jan 07Here's Why Symphony (NSE:SYMPHONY) Can Manage Its Debt Responsibly
May 12Does Symphony (NSE:SYMPHONY) Have A Healthy Balance Sheet?
Nov 29Recent updates
Symphony's (NSE:SYMPHONY) Performance Is Even Better Than Its Earnings Suggest
Nov 06Symphony Limited Recorded A 7.0% Miss On Revenue: Analysts Are Revisiting Their Models
Nov 01Under The Bonnet, Symphony's (NSE:SYMPHONY) Returns Look Impressive
Oct 31Here's Why We Think Symphony (NSE:SYMPHONY) Might Deserve Your Attention Today
Sep 22This Just In: Analysts Are Boosting Their Symphony Limited (NSE:SYMPHONY) Outlook for This Year
Aug 11Symphony Limited Just Recorded A 32% Revenue Beat: Here's What Analysts Think
Aug 10Symphony Limited's (NSE:SYMPHONY) Shares Climb 27% But Its Business Is Yet to Catch Up
Aug 07Here's Why Symphony Limited's (NSE:SYMPHONY) CEO Might See A Pay Rise Soon
Jul 31Symphony's (NSE:SYMPHONY) Dividend Will Be Increased To ₹8.00
Jul 19Symphony's (NSE:SYMPHONY) Dividend Will Be Increased To ₹8.00
Jul 05Symphony Limited (NSE:SYMPHONY) Looks Just Right With A 28% Price Jump
Jun 13Does Symphony (NSE:SYMPHONY) Have A Healthy Balance Sheet?
May 30Symphony Limited (NSE:SYMPHONY) Just Released Its Annual Earnings: Here's What Analysts Think
May 03Investors Appear Satisfied With Symphony Limited's (NSE:SYMPHONY) Prospects
Apr 03Symphony (NSE:SYMPHONY) Will Pay A Dividend Of ₹2.00
Nov 01Symphony (NSE:SYMPHONY) Has Announced That Its Dividend Will Be Reduced To ₹1.00
Jul 30Be Wary Of Symphony (NSE:SYMPHONY) And Its Returns On Capital
May 09Symphony (NSE:SYMPHONY) Has A Rock Solid Balance Sheet
Jan 07Symphony (NSE:SYMPHONY) Could Be Struggling To Allocate Capital
May 30Here's Why Symphony (NSE:SYMPHONY) Can Manage Its Debt Responsibly
May 12Symphony (NSE:SYMPHONY) Is Reinvesting At Lower Rates Of Return
Jan 12Does Symphony (NSE:SYMPHONY) Have A Healthy Balance Sheet?
Nov 29There Are Reasons To Feel Uneasy About Symphony's (NSE:SYMPHONY) Returns On Capital
Aug 31Financial Position Analysis
Short Term Liabilities: SYMPHONY's short term assets (₹8.0B) exceed its short term liabilities (₹6.6B).
Long Term Liabilities: SYMPHONY's short term assets (₹8.0B) exceed its long term liabilities (₹760.0M).
Debt to Equity History and Analysis
Debt Level: SYMPHONY has more cash than its total debt.
Reducing Debt: SYMPHONY's debt to equity ratio has reduced from 23.3% to 19.9% over the past 5 years.
Debt Coverage: SYMPHONY's debt is well covered by operating cash flow (201.8%).
Interest Coverage: SYMPHONY earns more interest than it pays, so coverage of interest payments is not a concern.