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.