Salem Erode Investments Balance Sheet Health
Financial Health criteria checks 4/6
Salem Erode Investments has a total shareholder equity of ₹240.8M and total debt of ₹182.4M, which brings its debt-to-equity ratio to 75.8%. Its total assets and total liabilities are ₹475.3M and ₹234.5M respectively.
Key information
75.8%
Debt to equity ratio
₹182.42m
Debt
Interest coverage ratio | n/a |
Cash | ₹144.21m |
Equity | ₹240.80m |
Total liabilities | ₹234.47m |
Total assets | ₹475.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540181's short term assets (₹344.0M) exceed its short term liabilities (₹11.9M).
Long Term Liabilities: 540181's short term assets (₹344.0M) exceed its long term liabilities (₹222.6M).
Debt to Equity History and Analysis
Debt Level: 540181's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: 540181's debt to equity ratio has increased from 0% to 75.8% over the past 5 years.
Debt Coverage: 540181's debt is well covered by operating cash flow (84.8%).
Interest Coverage: Insufficient data to determine if 540181's interest payments on its debt are well covered by EBIT.