Symphony Balance Sheet Health
Financial Health criteria checks 5/6
Symphony has a total shareholder equity of ₹6.8B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 27.5%. Its total assets and total liabilities are ₹12.6B and ₹5.8B respectively. Symphony's EBIT is ₹1.1B making its interest coverage ratio -12.5. It has cash and short-term investments of ₹3.9B.
Key information
27.5%
Debt to equity ratio
₹1.87b
Debt
| Interest coverage ratio | -12.5x |
| Cash | ₹3.92b |
| Equity | ₹6.81b |
| Total liabilities | ₹5.82b |
| Total assets | ₹12.63b |
Recent financial health updates
Symphony (NSE:SYMPHONY) Has A Rock Solid Balance Sheet
Jan 07
Here's Why Symphony (NSE:SYMPHONY) Can Manage Its Debt Responsibly
May 12Does Symphony (NSE:SYMPHONY) Have A Healthy Balance Sheet?
Nov 29Symphony (NSE:SYMPHONY) Has A Pretty Healthy Balance Sheet
Dec 14
Recent updates
Investors 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 31Symphony (NSE:SYMPHONY) Will Will Want To Turn Around Its Return Trends
Apr 06Who Has Been Selling Symphony Limited (NSE:SYMPHONY) Shares?
Mar 16Symphony's (NSE:SYMPHONY) Stock Price Has Reduced 42% In The Past Three Years
Feb 24Symphony Limited's (NSE:SYMPHONY) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Feb 09Symphony Limited Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
Jan 25Tread With Caution Around Symphony Limited's (NSE:SYMPHONY) 0.5% Dividend Yield
Jan 13We're Not Counting On Symphony (NSE:SYMPHONY) To Sustain Its Statutory Profitability
Dec 29Symphony (NSE:SYMPHONY) Has A Pretty Healthy Balance Sheet
Dec 14The Trends At Symphony (NSE:SYMPHONY) That You Should Know About
Nov 30Revenue Miss: Symphony Limited Fell 22% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
Nov 14Have Insiders Been Selling Symphony Limited (NSE:SYMPHONY) Shares?
Oct 28Symphony Limited's (NSE:SYMPHONY) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Oct 07Symphony (NSE:SYMPHONY) Share Prices Have Dropped 39% In The Last Three Years
Sep 16We're Watching These Trends At Symphony (NSE:SYMPHONY)
Aug 26Financial Position Analysis
Short Term Liabilities: SYMPHONY's short term assets (₹6.7B) exceed its short term liabilities (₹4.8B).
Long Term Liabilities: SYMPHONY's short term assets (₹6.7B) exceed its long term liabilities (₹980.0M).
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 increased from 26.3% to 27.5% over the past 5 years.
Debt Coverage: SYMPHONY's debt is well covered by operating cash flow (39.6%).
Interest Coverage: SYMPHONY earns more interest than it pays, so coverage of interest payments is not a concern.