Sainik Finance & Industries Balance Sheet Health
Financial Health criteria checks 4/6
Sainik Finance & Industries has a total shareholder equity of ₹373.2M and total debt of ₹991.2M, which brings its debt-to-equity ratio to 265.6%. Its total assets and total liabilities are ₹1.5B and ₹1.1B respectively.
Key information
265.6%
Debt to equity ratio
₹991.18m
Debt
Interest coverage ratio | n/a |
Cash | ₹8.37m |
Equity | ₹373.17m |
Total liabilities | ₹1.10b |
Total assets | ₹1.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530265's short term assets (₹1.5B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 530265's short term assets (₹1.5B) exceed its long term liabilities (₹5.1M).
Debt to Equity History and Analysis
Debt Level: 530265's net debt to equity ratio (263.4%) is considered high.
Reducing Debt: 530265's debt to equity ratio has reduced from 464.7% to 265.6% over the past 5 years.
Debt Coverage: 530265's debt is well covered by operating cash flow (41.6%).
Interest Coverage: Insufficient data to determine if 530265's interest payments on its debt are well covered by EBIT.