Indian Sucrose Balance Sheet Health
Financial Health criteria checks 4/6
Indian Sucrose has a total shareholder equity of ₹1.8B and total debt of ₹2.2B, which brings its debt-to-equity ratio to 123.5%. Its total assets and total liabilities are ₹4.5B and ₹2.7B respectively. Indian Sucrose's EBIT is ₹435.3M making its interest coverage ratio 2.9. It has cash and short-term investments of ₹240.3M.
Key information
123.5%
Debt to equity ratio
₹2.23b
Debt
Interest coverage ratio | 2.9x |
Cash | ₹240.30m |
Equity | ₹1.81b |
Total liabilities | ₹2.68b |
Total assets | ₹4.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500319's short term assets (₹2.4B) exceed its short term liabilities (₹2.2B).
Long Term Liabilities: 500319's short term assets (₹2.4B) exceed its long term liabilities (₹502.2M).
Debt to Equity History and Analysis
Debt Level: 500319's net debt to equity ratio (110.2%) is considered high.
Reducing Debt: 500319's debt to equity ratio has reduced from 245.3% to 123.5% over the past 5 years.
Debt Coverage: 500319's debt is well covered by operating cash flow (21.2%).
Interest Coverage: 500319's interest payments on its debt are not well covered by EBIT (2.9x coverage).