Sarthak Global Balance Sheet Health
Financial Health criteria checks 2/6
Sarthak Global has a total shareholder equity of ₹14.6M and total debt of ₹159.3M, which brings its debt-to-equity ratio to 1094.5%. Its total assets and total liabilities are ₹194.3M and ₹179.7M respectively. Sarthak Global's EBIT is ₹10.9M making its interest coverage ratio 1.2. It has cash and short-term investments of ₹1.5M.
Key information
1,094.5%
Debt to equity ratio
₹159.26m
Debt
| Interest coverage ratio | 1.2x |
| Cash | ₹1.50m |
| Equity | ₹14.55m |
| Total liabilities | ₹179.72m |
| Total assets | ₹194.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530993's short term assets (₹192.8M) exceed its short term liabilities (₹20.4M).
Long Term Liabilities: 530993's short term assets (₹192.8M) exceed its long term liabilities (₹159.3M).
Debt to Equity History and Analysis
Debt Level: 530993's net debt to equity ratio (1084.2%) is considered high.
Reducing Debt: 530993's debt to equity ratio has increased from 464.7% to 1094.5% over the past 5 years.
Debt Coverage: 530993's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: 530993's interest payments on its debt are not well covered by EBIT (1.2x coverage).