Sugal & Damani Share Brokers Balance Sheet Health
Financial Health criteria checks 4/6
Sugal & Damani Share Brokers has a total shareholder equity of ₹240.9M and total debt of ₹6.1M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are ₹276.6M and ₹35.7M respectively.
Key information
2.5%
Debt to equity ratio
₹6.06m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹29.71m |
| Equity | ₹240.88m |
| Total liabilities | ₹35.68m |
| Total assets | ₹276.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511654's short term assets (₹204.8M) exceed its short term liabilities (₹34.4M).
Long Term Liabilities: 511654's short term assets (₹204.8M) exceed its long term liabilities (₹1.3M).
Debt to Equity History and Analysis
Debt Level: 511654 has more cash than its total debt.
Reducing Debt: 511654's debt to equity ratio has increased from 0.2% to 2.5% over the past 5 years.
Debt Coverage: 511654's debt is well covered by operating cash flow (1322%).
Interest Coverage: Insufficient data to determine if 511654's interest payments on its debt are well covered by EBIT.