Summit Securities Balance Sheet Health
Financial Health criteria checks 5/6
Summit Securities has a total shareholder equity of ₹112.3B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹129.7B and ₹17.4B respectively. Summit Securities's EBIT is ₹1.6B making its interest coverage ratio -1731.5. It has cash and short-term investments of ₹509.1M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -1731.5x |
| Cash | ₹509.09m |
| Equity | ₹112.29b |
| Total liabilities | ₹17.40b |
| Total assets | ₹129.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533306's short term assets (₹525.6M) exceed its short term liabilities (₹85.0M).
Long Term Liabilities: 533306's short term assets (₹525.6M) do not cover its long term liabilities (₹17.3B).
Debt to Equity History and Analysis
Debt Level: 533306 is debt free.
Reducing Debt: 533306 had no debt 5 years ago.
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.