Salem Erode Investments Balance Sheet Health
Financial Health criteria checks 3/6
Salem Erode Investments has a total shareholder equity of ₹219.5M and total debt of ₹178.2M, which brings its debt-to-equity ratio to 81.2%. Its total assets and total liabilities are ₹441.5M and ₹222.0M respectively.
Key information
81.2%
Debt to equity ratio
₹178.17m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹54.32m |
| Equity | ₹219.48m |
| Total liabilities | ₹222.04m |
| Total assets | ₹441.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540181's short term assets (₹319.7M) exceed its short term liabilities (₹14.1M).
Long Term Liabilities: 540181's short term assets (₹319.7M) exceed its long term liabilities (₹208.0M).
Debt to Equity History and Analysis
Debt Level: 540181's net debt to equity ratio (56.4%) is considered high.
Reducing Debt: 540181's debt to equity ratio has increased from 0% to 81.2% over the past 5 years.
Debt Coverage: 540181's debt is well covered by operating cash flow (42.6%).
Interest Coverage: Insufficient data to determine if 540181's interest payments on its debt are well covered by EBIT.