Sakthi Sugars Balance Sheet Health
Financial Health criteria checks 1/6
Sakthi Sugars has a total shareholder equity of ₹1.5B and total debt of ₹8.5B, which brings its debt-to-equity ratio to 572.1%. Its total assets and total liabilities are ₹14.8B and ₹13.3B respectively. Sakthi Sugars's EBIT is ₹319.0M making its interest coverage ratio 0.3. It has cash and short-term investments of ₹35.9M.
Key information
572.1%
Debt to equity ratio
₹8.47b
Debt
| Interest coverage ratio | 0.3x |
| Cash | ₹35.86m |
| Equity | ₹1.48b |
| Total liabilities | ₹13.35b |
| Total assets | ₹14.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507315's short term assets (₹4.9B) do not cover its short term liabilities (₹5.6B).
Long Term Liabilities: 507315's short term assets (₹4.9B) do not cover its long term liabilities (₹7.8B).
Debt to Equity History and Analysis
Debt Level: 507315's net debt to equity ratio (569.7%) is considered high.
Reducing Debt: 507315 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 507315's debt is not well covered by operating cash flow (6%).
Interest Coverage: 507315's interest payments on its debt are not well covered by EBIT (0.3x coverage).