Summit Securities Limited

NSEI:SUMMITSEC Stock Report

Market Cap: ₹34.0b

Summit Securities Balance Sheet Health

Financial Health criteria checks 5/6

Summit Securities has a total shareholder equity of ₹112.3B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹129.7B and ₹17.4B respectively. Summit Securities's EBIT is ₹1.6B making its interest coverage ratio -1731.5. It has cash and short-term investments of ₹509.1M.

Key information

0%

Debt to equity ratio

₹0

Debt

Interest coverage ratio-1731.5x
Cash₹509.09m
Equity₹112.29b
Total liabilities₹17.40b
Total assets₹129.68b

Recent financial health updates

No updates

Recent updates

Summit Securities Limited (NSE:SUMMITSEC) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected

Nov 12
Summit Securities Limited (NSE:SUMMITSEC) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected

Investors Still Aren't Entirely Convinced By Summit Securities Limited's (NSE:SUMMITSEC) Earnings Despite 30% Price Jump

Sep 05
Investors Still Aren't Entirely Convinced By Summit Securities Limited's (NSE:SUMMITSEC) Earnings Despite 30% Price Jump

Does Summit Securities (NSE:SUMMITSEC) Deserve A Spot On Your Watchlist?

Aug 22
Does Summit Securities (NSE:SUMMITSEC) Deserve A Spot On Your Watchlist?

A Piece Of The Puzzle Missing From Summit Securities Limited's (NSE:SUMMITSEC) Share Price

Jun 19
A Piece Of The Puzzle Missing From Summit Securities Limited's (NSE:SUMMITSEC) Share Price

The Market Doesn't Like What It Sees From Summit Securities Limited's (NSE:SUMMITSEC) Earnings Yet

Feb 14
The Market Doesn't Like What It Sees From Summit Securities Limited's (NSE:SUMMITSEC) Earnings Yet

Summit Securities Limited (NSE:SUMMITSEC) Looks Inexpensive But Perhaps Not Attractive Enough

Feb 10
Summit Securities Limited (NSE:SUMMITSEC) Looks Inexpensive But Perhaps Not Attractive Enough

If You Had Bought Summit Securities (NSE:SUMMITSEC) Stock Five Years Ago, You Could Pocket A 59% Gain Today

Dec 15
If You Had Bought Summit Securities (NSE:SUMMITSEC) Stock Five Years Ago, You Could Pocket A 59% Gain Today

Introducing Summit Securities (NSE:SUMMITSEC), A Stock That Climbed 46% In The Last Five Years

Sep 01
Introducing Summit Securities (NSE:SUMMITSEC), A Stock That Climbed 46% In The Last Five Years

Financial Position Analysis

Short Term Liabilities: SUMMITSEC's short term assets (₹525.6M) exceed its short term liabilities (₹85.0M).

Long Term Liabilities: SUMMITSEC's short term assets (₹525.6M) do not cover its long term liabilities (₹17.3B).

Debt to Equity History and Analysis

Debt Level: SUMMITSEC is debt free.

Reducing Debt: SUMMITSEC had no debt 5 years ago.

Debt Coverage: SUMMITSEC has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SUMMITSEC has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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