Sayaji Hotels Balance Sheet Health
Financial Health criteria checks 5/6
Sayaji Hotels has a total shareholder equity of ₹1.5B and total debt of ₹714.0M, which brings its debt-to-equity ratio to 46.9%. Its total assets and total liabilities are ₹2.4B and ₹875.9M respectively. Sayaji Hotels's EBIT is ₹654.8M making its interest coverage ratio 8.6. It has cash and short-term investments of ₹265.9M.
Key information
46.9%
Debt to equity ratio
₹713.97m
Debt
Interest coverage ratio | 8.6x |
Cash | ₹265.87m |
Equity | ₹1.52b |
Total liabilities | ₹875.85m |
Total assets | ₹2.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523710's short term assets (₹636.8M) exceed its short term liabilities (₹199.3M).
Long Term Liabilities: 523710's short term assets (₹636.8M) do not cover its long term liabilities (₹676.6M).
Debt to Equity History and Analysis
Debt Level: 523710's net debt to equity ratio (29.4%) is considered satisfactory.
Reducing Debt: 523710's debt to equity ratio has reduced from 100.6% to 46.9% over the past 5 years.
Debt Coverage: 523710's debt is well covered by operating cash flow (55.5%).
Interest Coverage: 523710's interest payments on its debt are well covered by EBIT (8.6x coverage).