Seamec Balance Sheet Health
Financial Health criteria checks 5/6
Seamec has a total shareholder equity of ₹9.7B and total debt of ₹2.3B, which brings its debt-to-equity ratio to 23.7%. Its total assets and total liabilities are ₹13.2B and ₹3.5B respectively. Seamec's EBIT is ₹1.4B making its interest coverage ratio 105.2. It has cash and short-term investments of ₹1.2B.
Key information
23.7%
Debt to equity ratio
₹2.29b
Debt
| Interest coverage ratio | 105.2x |
| Cash | ₹1.16b |
| Equity | ₹9.66b |
| Total liabilities | ₹3.51b |
| Total assets | ₹13.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526807's short term assets (₹3.2B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: 526807's short term assets (₹3.2B) exceed its long term liabilities (₹1.8B).
Debt to Equity History and Analysis
Debt Level: 526807's net debt to equity ratio (11.7%) is considered satisfactory.
Reducing Debt: 526807's debt to equity ratio has increased from 16.3% to 23.7% over the past 5 years.
Debt Coverage: 526807's debt is well covered by operating cash flow (103.9%).
Interest Coverage: 526807's interest payments on its debt are well covered by EBIT (105.2x coverage).