SG Finserve Balance Sheet Health
Financial Health criteria checks 2/6
SG Finserve has a total shareholder equity of ₹7.6B and total debt of ₹10.2B, which brings its debt-to-equity ratio to 134.2%. Its total assets and total liabilities are ₹18.0B and ₹10.5B respectively. SG Finserve's EBIT is ₹1.4B making its interest coverage ratio 2.9. It has cash and short-term investments of ₹1.1B.
Key information
134.2%
Debt to equity ratio
₹10.19b
Debt
Interest coverage ratio | 2.9x |
Cash | ₹1.08b |
Equity | ₹7.59b |
Total liabilities | ₹10.46b |
Total assets | ₹18.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539199's short term assets (₹18.0B) exceed its short term liabilities (₹10.3B).
Long Term Liabilities: 539199's short term assets (₹18.0B) exceed its long term liabilities (₹147.6M).
Debt to Equity History and Analysis
Debt Level: 539199's net debt to equity ratio (120%) is considered high.
Reducing Debt: 539199's debt to equity ratio has increased from 9.9% to 134.2% over the past 5 years.
Debt Coverage: 539199's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539199's interest payments on its debt are not well covered by EBIT (2.9x coverage).