Sumuka Agro Industries Balance Sheet Health
Financial Health criteria checks 5/6
Sumuka Agro Industries has a total shareholder equity of ₹152.4M and total debt of ₹5.4M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ₹370.8M and ₹218.5M respectively. Sumuka Agro Industries's EBIT is ₹61.7M making its interest coverage ratio 1286. It has cash and short-term investments of ₹229.0K.
Key information
3.6%
Debt to equity ratio
₹5.41m
Debt
| Interest coverage ratio | 1286x |
| Cash | ₹229.00k |
| Equity | ₹152.36m |
| Total liabilities | ₹218.48m |
| Total assets | ₹370.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532070's short term assets (₹353.2M) exceed its short term liabilities (₹208.1M).
Long Term Liabilities: 532070's short term assets (₹353.2M) exceed its long term liabilities (₹10.3M).
Debt to Equity History and Analysis
Debt Level: 532070's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: 532070's debt to equity ratio has reduced from 60.7% to 3.6% over the past 5 years.
Debt Coverage: 532070's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532070's interest payments on its debt are well covered by EBIT (1286x coverage).