Saraswati Commercial (India) Limited

BSE:512020 Stock Report

Market Cap: ₹22.1b

Saraswati Commercial (India) Balance Sheet Health

Financial Health criteria checks 5/6

Saraswati Commercial (India) has a total shareholder equity of ₹8.6B and total debt of ₹51.2M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ₹9.7B and ₹1.0B respectively. Saraswati Commercial (India)'s EBIT is ₹2.1B making its interest coverage ratio 209.5. It has cash and short-term investments of ₹17.4M.

Key information

0.6%

Debt to equity ratio

₹51.16m

Debt

Interest coverage ratio209.5x
Cash₹17.40m
Equity₹8.64b
Total liabilities₹1.03b
Total assets₹9.67b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 512020's short term assets (₹860.3M) exceed its short term liabilities (₹201.8M).

Long Term Liabilities: 512020's short term assets (₹860.3M) exceed its long term liabilities (₹829.1M).


Debt to Equity History and Analysis

Debt Level: 512020's net debt to equity ratio (0.4%) is considered satisfactory.

Reducing Debt: 512020's debt to equity ratio has reduced from 1.6% to 0.6% over the past 5 years.

Debt Coverage: 512020's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 512020's interest payments on its debt are well covered by EBIT (209.5x coverage).


Balance Sheet


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