Sanmit Infra Balance Sheet Health
Financial Health criteria checks 6/6
Sanmit Infra has a total shareholder equity of ₹356.7M and total debt of ₹88.9M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are ₹514.3M and ₹157.6M respectively. Sanmit Infra's EBIT is ₹71.1M making its interest coverage ratio 6.8. It has cash and short-term investments of ₹2.5M.
Key information
24.9%
Debt to equity ratio
₹88.91m
Debt
Interest coverage ratio | 6.8x |
Cash | ₹2.49m |
Equity | ₹356.72m |
Total liabilities | ₹157.59m |
Total assets | ₹514.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532435's short term assets (₹397.3M) exceed its short term liabilities (₹141.4M).
Long Term Liabilities: 532435's short term assets (₹397.3M) exceed its long term liabilities (₹16.2M).
Debt to Equity History and Analysis
Debt Level: 532435's net debt to equity ratio (24.2%) is considered satisfactory.
Reducing Debt: 532435's debt to equity ratio has reduced from 25.6% to 24.9% over the past 5 years.
Debt Coverage: 532435's debt is well covered by operating cash flow (95.7%).
Interest Coverage: 532435's interest payments on its debt are well covered by EBIT (6.8x coverage).