Sanmit Infra Balance Sheet Health
Financial Health criteria checks 6/6
Sanmit Infra has a total shareholder equity of ₹327.8M and total debt of ₹116.4M, which brings its debt-to-equity ratio to 35.5%. Its total assets and total liabilities are ₹488.9M and ₹161.2M respectively. Sanmit Infra's EBIT is ₹108.5M making its interest coverage ratio 12.4. It has cash and short-term investments of ₹2.3M.
Key information
35.5%
Debt to equity ratio
₹116.40m
Debt
Interest coverage ratio | 12.4x |
Cash | ₹2.31m |
Equity | ₹327.76m |
Total liabilities | ₹161.18m |
Total assets | ₹488.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532435's short term assets (₹385.2M) exceed its short term liabilities (₹141.1M).
Long Term Liabilities: 532435's short term assets (₹385.2M) exceed its long term liabilities (₹20.1M).
Debt to Equity History and Analysis
Debt Level: 532435's net debt to equity ratio (34.8%) is considered satisfactory.
Reducing Debt: 532435's debt to equity ratio has reduced from 49.3% to 35.5% over the past 5 years.
Debt Coverage: 532435's debt is well covered by operating cash flow (31.9%).
Interest Coverage: 532435's interest payments on its debt are well covered by EBIT (12.4x coverage).