Indian Sucrose Balance Sheet Health
Financial Health criteria checks 4/6
Indian Sucrose has a total shareholder equity of ₹2.1B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 97.3%. Its total assets and total liabilities are ₹5.9B and ₹3.8B respectively. Indian Sucrose's EBIT is ₹604.7M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹196.4M.
Key information
97.3%
Debt to equity ratio
₹2.09b
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹196.40m |
| Equity | ₹2.14b |
| Total liabilities | ₹3.75b |
| Total assets | ₹5.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500319's short term assets (₹3.8B) exceed its short term liabilities (₹3.2B).
Long Term Liabilities: 500319's short term assets (₹3.8B) exceed its long term liabilities (₹503.1M).
Debt to Equity History and Analysis
Debt Level: 500319's net debt to equity ratio (88.2%) is considered high.
Reducing Debt: 500319's debt to equity ratio has reduced from 217.7% to 97.3% over the past 5 years.
Debt Coverage: 500319's debt is well covered by operating cash flow (26.7%).
Interest Coverage: 500319's interest payments on its debt are not well covered by EBIT (2.2x coverage).