Sarvamangal Mercantile Balance Sheet Health
Financial Health criteria checks 3/6
Sarvamangal Mercantile has a total shareholder equity of ₹1.1B and total debt of ₹71.4M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are ₹1.2B and ₹111.2M respectively. Sarvamangal Mercantile's EBIT is ₹7.7M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹2.8M.
Key information
6.3%
Debt to equity ratio
₹71.35m
Debt
| Interest coverage ratio | 2.3x |
| Cash | ₹2.84m |
| Equity | ₹1.13b |
| Total liabilities | ₹111.16m |
| Total assets | ₹1.24b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 506190's short term assets (₹44.3M) exceed its short term liabilities (₹39.8M).
Long Term Liabilities: 506190's short term assets (₹44.3M) do not cover its long term liabilities (₹71.4M).
Debt to Equity History and Analysis
Debt Level: 506190's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: 506190's debt to equity ratio has reduced from 12.8% to 6.3% over the past 5 years.
Debt Coverage: 506190's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 506190's interest payments on its debt are not well covered by EBIT (2.3x coverage).