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
Here's Why Sapphire Foods India (NSE:SAPPHIRE) Has A Meaningful Debt Burden
Sep 05
These 4 Measures Indicate That Sapphire Foods India (NSE:SAPPHIRE) Is Using Debt Extensively
Mar 26Recent updates
Sapphire Foods India's (NSE:SAPPHIRE) Soft Earnings Don't Show The Whole Picture
Nov 04Sapphire Foods India Limited's (NSE:SAPPHIRE) Business Is Yet to Catch Up With Its Share Price
Oct 30Here's Why Sapphire Foods India (NSE:SAPPHIRE) Has A Meaningful Debt Burden
Sep 05Sapphire Foods India Limited Just Missed Earnings - But Analysts Have Updated Their Models
Aug 02Sapphire Foods India Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 14Sapphire Foods India Limited's (NSE:SAPPHIRE) Shareholders Might Be Looking For Exit
Apr 20These 4 Measures Indicate That Sapphire Foods India (NSE:SAPPHIRE) Is Using Debt Extensively
Mar 26Earnings Miss: Sapphire Foods India Limited Missed EPS By 69% And Analysts Are Revising Their Forecasts
Feb 13Investors Will Want Sapphire Foods India's (NSE:SAPPHIRE) Growth In ROCE To Persist
Feb 08There's Been No Shortage Of Growth Recently For Sapphire Foods India's (NSE:SAPPHIRE) Returns On Capital
Oct 24We Ran A Stock Scan For Earnings Growth And Sapphire Foods India (NSE:SAPPHIRE) Passed With Ease
Jul 28There's Been No Shortage Of Growth Recently For Sapphire Foods India's (NSE:SAPPHIRE) Returns On Capital
May 04Estimating The Fair Value Of Sapphire Foods India Limited (NSE:SAPPHIRE)
Oct 07Sapphire Foods India Limited (NSE:SAPPHIRE) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹1,608
Aug 14Statutory Profit Doesn't Reflect How Good Sapphire Foods India's (NSE:SAPPHIRE) Earnings Are
May 25Financial Position Analysis
Short Term Liabilities: SAPPHIRE's short term assets (₹4.5B) do not cover its short term liabilities (₹4.7B).
Long Term Liabilities: SAPPHIRE's short term assets (₹4.5B) do not cover its long term liabilities (₹10.9B).
Debt to Equity History and Analysis
Debt Level: SAPPHIRE has more cash than its total debt.
Reducing Debt: SAPPHIRE's debt to equity ratio has reduced from 19.8% to 1.3% over the past 5 years.
Debt Coverage: SAPPHIRE's debt is well covered by operating cash flow (2796.2%).
Interest Coverage: SAPPHIRE's interest payments on its debt are not well covered by EBIT (1.2x coverage).