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 ratio | 209.5x |
| 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).