Summit Securities Limited

BSE:533306 Stock Report

Market Cap: ₹28.9b

Summit Securities Balance Sheet Health

Financial Health criteria checks 6/6

Summit Securities has a total shareholder equity of ₹90.3B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹100.8B and ₹10.5B respectively. Summit Securities's EBIT is ₹1.1B making its interest coverage ratio -1159.2. It has cash and short-term investments of ₹53.8M.

Key information

0%

Debt to equity ratio

₹0

Debt

Interest coverage ratio-1159.2x
Cash₹53.81m
Equity₹90.26b
Total liabilities₹10.51b
Total assets₹100.78b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 533306's short term assets (₹100.7B) exceed its short term liabilities (₹29.5M).

Long Term Liabilities: 533306's short term assets (₹100.7B) exceed its long term liabilities (₹10.5B).


Debt to Equity History and Analysis

Debt Level: 533306 is debt free.

Reducing Debt: 533306 has no debt compared to 5 years ago when its debt to equity ratio was 0.01%.

Debt Coverage: 533306 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 533306 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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