Sapphire Foods India Balance Sheet Health
Financial Health criteria checks 2/6
Sapphire Foods India has a total shareholder equity of ₹13.4B and total debt of ₹10.1B, which brings its debt-to-equity ratio to 75.2%. Its total assets and total liabilities are ₹26.6B and ₹13.2B respectively. Sapphire Foods India's EBIT is ₹1.5B making its interest coverage ratio 1.9. It has cash and short-term investments of ₹2.2B.
Key information
75.2%
Debt to equity ratio
₹10.09b
Debt
| Interest coverage ratio | 1.9x |
| Cash | ₹2.18b |
| Equity | ₹13.41b |
| Total liabilities | ₹13.23b |
| Total assets | ₹26.64b |
Recent financial health updates
Recent updates
Sapphire Foods India Limited's (NSE:SAPPHIRE) Shareholders Might Be Looking For Exit
Apr 20
These 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 (₹4.0B) do not cover its short term liabilities (₹5.0B).
Long Term Liabilities: SAPPHIRE's short term assets (₹4.0B) do not cover its long term liabilities (₹8.2B).
Debt to Equity History and Analysis
Debt Level: SAPPHIRE's net debt to equity ratio (59%) is considered high.
Reducing Debt: SAPPHIRE's debt to equity ratio has reduced from 120.5% to 75.2% over the past 5 years.
Debt Coverage: SAPPHIRE's debt is well covered by operating cash flow (42.4%).
Interest Coverage: SAPPHIRE's interest payments on its debt are not well covered by EBIT (1.9x coverage).