Sanmit Infra Balance Sheet Health
Financial Health criteria checks 5/6
Sanmit Infra has a total shareholder equity of ₹356.7M and total debt of ₹97.6M, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are ₹514.3M and ₹157.6M respectively. Sanmit Infra's EBIT is ₹65.0M making its interest coverage ratio 6.1. It has cash and short-term investments of ₹2.5M.
Key information
27.4%
Debt to equity ratio
₹97.58m
Debt
| Interest coverage ratio | 6.1x |
| Cash | ₹2.49m |
| Equity | ₹356.72m |
| Total liabilities | ₹157.58m |
| 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 (26.7%) is considered satisfactory.
Reducing Debt: 532435's debt to equity ratio has increased from 25.6% to 27.4% over the past 5 years.
Debt Coverage: 532435's debt is well covered by operating cash flow (87.2%).
Interest Coverage: 532435's interest payments on its debt are well covered by EBIT (6.1x coverage).