Seamec Balance Sheet Health
Financial Health criteria checks 5/6
Seamec has a total shareholder equity of ₹8.0B and total debt of ₹2.8B, which brings its debt-to-equity ratio to 34.9%. Its total assets and total liabilities are ₹11.8B and ₹3.7B respectively. Seamec's EBIT is ₹522.0M making its interest coverage ratio 11.1. It has cash and short-term investments of ₹1.4B.
Key information
34.9%
Debt to equity ratio
₹2.81b
Debt
Interest coverage ratio | 11.1x |
Cash | ₹1.36b |
Equity | ₹8.03b |
Total liabilities | ₹3.74b |
Total assets | ₹11.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526807's short term assets (₹2.8B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: 526807's short term assets (₹2.8B) exceed its long term liabilities (₹1.8B).
Debt to Equity History and Analysis
Debt Level: 526807's net debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: 526807's debt to equity ratio has increased from 13.8% to 34.9% over the past 5 years.
Debt Coverage: 526807's debt is well covered by operating cash flow (43.6%).
Interest Coverage: 526807's interest payments on its debt are well covered by EBIT (11.1x coverage).