Sapphire Foods India Balance Sheet Health
Financial Health criteria checks 3/6
Sapphire Foods India has a total shareholder equity of ₹13.6B and total debt of ₹172.4M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are ₹29.2B and ₹15.7B respectively. Sapphire Foods India's EBIT is ₹1.1B making its interest coverage ratio 1.2. It has cash and short-term investments of ₹2.3B.
Key information
1.3%
Debt to equity ratio
₹172.38m
Debt
| Interest coverage ratio | 1.2x |
| Cash | ₹2.28b |
| Equity | ₹13.58b |
| Total liabilities | ₹15.65b |
| Total assets | ₹29.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543397's short term assets (₹4.5B) do not cover its short term liabilities (₹4.7B).
Long Term Liabilities: 543397's short term assets (₹4.5B) do not cover its long term liabilities (₹10.9B).
Debt to Equity History and Analysis
Debt Level: 543397 has more cash than its total debt.
Reducing Debt: 543397's debt to equity ratio has reduced from 19.8% to 1.3% over the past 5 years.
Debt Coverage: 543397's debt is well covered by operating cash flow (2796.2%).
Interest Coverage: 543397's interest payments on its debt are not well covered by EBIT (1.2x coverage).