Sanmit Infra Balance Sheet Health
Financial Health criteria checks 5/6
Sanmit Infra has a total shareholder equity of ₹347.4M and total debt of ₹106.5M, which brings its debt-to-equity ratio to 30.7%. Its total assets and total liabilities are ₹512.0M and ₹164.6M respectively. Sanmit Infra's EBIT is ₹45.3M making its interest coverage ratio 4.2. It has cash and short-term investments of ₹2.4M.
Key information
30.7%
Debt to equity ratio
₹106.51m
Debt
| Interest coverage ratio | 4.2x |
| Cash | ₹2.45m |
| Equity | ₹347.41m |
| Total liabilities | ₹164.59m |
| Total assets | ₹512.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532435's short term assets (₹399.5M) exceed its short term liabilities (₹155.1M).
Long Term Liabilities: 532435's short term assets (₹399.5M) exceed its long term liabilities (₹9.5M).
Debt to Equity History and Analysis
Debt Level: 532435's net debt to equity ratio (30%) is considered satisfactory.
Reducing Debt: 532435's debt to equity ratio has increased from 6.1% to 30.7% over the past 5 years.
Debt Coverage: 532435's debt is well covered by operating cash flow (48.9%).
Interest Coverage: 532435's interest payments on its debt are well covered by EBIT (4.2x coverage).