Sagar Soya Products Balance Sheet Health
Financial Health criteria checks 5/6
Sagar Soya Products has a total shareholder equity of ₹76.3M and total debt of ₹17.2M, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are ₹96.6M and ₹20.3M respectively. Sagar Soya Products's EBIT is ₹4.9M making its interest coverage ratio -22.5. It has cash and short-term investments of ₹28.0M.
Key information
22.5%
Debt to equity ratio
₹17.18m
Debt
| Interest coverage ratio | -22.5x |
| Cash | ₹28.04m |
| Equity | ₹76.30m |
| Total liabilities | ₹20.33m |
| Total assets | ₹96.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507663's short term assets (₹87.9M) exceed its short term liabilities (₹2.0M).
Long Term Liabilities: 507663's short term assets (₹87.9M) exceed its long term liabilities (₹18.3M).
Debt to Equity History and Analysis
Debt Level: 507663 has more cash than its total debt.
Reducing Debt: 507663's debt to equity ratio has reduced from 582.2% to 22.5% over the past 5 years.
Debt Coverage: 507663's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 507663 earns more interest than it pays, so coverage of interest payments is not a concern.