Sakthi Sugars Balance Sheet Health
Financial Health criteria checks 1/6
Sakthi Sugars has a total shareholder equity of ₹541.4M and total debt of ₹8.7B, which brings its debt-to-equity ratio to 1601.9%. Its total assets and total liabilities are ₹16.3B and ₹15.8B respectively. Sakthi Sugars's EBIT is ₹362.4M making its interest coverage ratio 0.3. It has cash and short-term investments of ₹90.7M.
Key information
1,601.9%
Debt to equity ratio
₹8.67b
Debt
Interest coverage ratio | 0.3x |
Cash | ₹90.74m |
Equity | ₹541.44m |
Total liabilities | ₹15.81b |
Total assets | ₹16.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507315's short term assets (₹6.2B) do not cover its short term liabilities (₹10.1B).
Long Term Liabilities: 507315's short term assets (₹6.2B) exceed its long term liabilities (₹5.7B).
Debt to Equity History and Analysis
Debt Level: 507315's net debt to equity ratio (1585.2%) is considered high.
Reducing Debt: 507315's debt to equity ratio has increased from 925.3% to 1601.9% over the past 5 years.
Debt Coverage: 507315's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 507315's interest payments on its debt are not well covered by EBIT (0.3x coverage).