Summit Securities Balance Sheet Health
Financial Health criteria checks 5/6
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 ₹10.6B respectively. Summit Securities's EBIT is ₹983.7M making its interest coverage ratio -1058.8. It has cash and short-term investments of ₹53.8M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | -1058.8x |
Cash | ₹53.81m |
Equity | ₹90.26b |
Total liabilities | ₹10.57b |
Total assets | ₹100.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533306's short term assets (₹58.6M) exceed its short term liabilities (₹57.2M).
Long Term Liabilities: 533306's short term assets (₹58.6M) do not cover its long term liabilities (₹10.5B).
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.