SMIFS Capital Markets Balance Sheet Health
Financial Health criteria checks 5/6
SMIFS Capital Markets has a total shareholder equity of ₹1.2B and total debt of ₹1.1M, which brings its debt-to-equity ratio to 0.09%. Its total assets and total liabilities are ₹1.3B and ₹37.0M respectively. SMIFS Capital Markets's EBIT is ₹28.5M making its interest coverage ratio 9503.7. It has cash and short-term investments of ₹9.2M.
Key information
0.09%
Debt to equity ratio
₹1.07m
Debt
Interest coverage ratio | 9503.7x |
Cash | ₹9.18m |
Equity | ₹1.23b |
Total liabilities | ₹36.99m |
Total assets | ₹1.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 508905's short term assets (₹39.8M) exceed its short term liabilities (₹20.1M).
Long Term Liabilities: 508905's short term assets (₹39.8M) exceed its long term liabilities (₹16.9M).
Debt to Equity History and Analysis
Debt Level: 508905 has more cash than its total debt.
Reducing Debt: 508905's debt to equity ratio has reduced from 0.4% to 0.09% over the past 5 years.
Debt Coverage: 508905's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 508905's interest payments on its debt are well covered by EBIT (9503.7x coverage).