Sonal Mercantile Balance Sheet Health
Financial Health criteria checks 2/6
Sonal Mercantile has a total shareholder equity of ₹3.0B and total debt of ₹3.4B, which brings its debt-to-equity ratio to 112.6%. Its total assets and total liabilities are ₹6.5B and ₹3.5B respectively.
Key information
112.6%
Debt to equity ratio
₹3.38b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹1.64m |
| Equity | ₹3.00b |
| Total liabilities | ₹3.52b |
| Total assets | ₹6.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538943's short term assets (₹3.9B) exceed its short term liabilities (₹3.5B).
Long Term Liabilities: 538943 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 538943's net debt to equity ratio (112.6%) is considered high.
Reducing Debt: 538943's debt to equity ratio has increased from 0% to 112.6% over the past 5 years.
Debt Coverage: 538943's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 538943's interest payments on its debt are well covered by EBIT.