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
Earnings Working Against Summit Securities Limited's (NSE:SUMMITSEC) Share Price Following 26% Dive
Jan 11
Summit Securities Limited (NSE:SUMMITSEC) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Nov 12Investors Still Aren't Entirely Convinced By Summit Securities Limited's (NSE:SUMMITSEC) Earnings Despite 30% Price Jump
Sep 05Does Summit Securities (NSE:SUMMITSEC) Deserve A Spot On Your Watchlist?
Aug 22A Piece Of The Puzzle Missing From Summit Securities Limited's (NSE:SUMMITSEC) Share Price
Jun 19The Market Doesn't Like What It Sees From Summit Securities Limited's (NSE:SUMMITSEC) Earnings Yet
Feb 14Summit Securities Limited (NSE:SUMMITSEC) Looks Inexpensive But Perhaps Not Attractive Enough
Feb 10If You Had Bought Summit Securities (NSE:SUMMITSEC) Stock Five Years Ago, You Could Pocket A 59% Gain Today
Dec 15Introducing Summit Securities (NSE:SUMMITSEC), A Stock That Climbed 46% In The Last Five Years
Sep 01Financial 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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 09:12 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Summit Securities Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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