SMIFS Capital Markets Balance Sheet Health
Financial Health criteria checks 2/6
SMIFS Capital Markets has a total shareholder equity of ₹1.6B and total debt of ₹18.1M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are ₹1.7B and ₹109.4M respectively. SMIFS Capital Markets's EBIT is ₹21.4M making its interest coverage ratio 334.4. It has cash and short-term investments of ₹25.9M.
Key information
1.1%
Debt to equity ratio
₹18.07m
Debt
| Interest coverage ratio | 334.4x |
| Cash | ₹25.86m |
| Equity | ₹1.59b |
| Total liabilities | ₹109.42m |
| Total assets | ₹1.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 508905's short term assets (₹38.9M) do not cover its short term liabilities (₹45.5M).
Long Term Liabilities: 508905's short term assets (₹38.9M) do not cover its long term liabilities (₹63.9M).
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 increased from 0.2% to 1.1% 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 (334.4x coverage).