Sukhjit Starch & Chemicals Balance Sheet Health
Financial Health criteria checks 4/6
Sukhjit Starch & Chemicals has a total shareholder equity of ₹4.9B and total debt of ₹3.7B, which brings its debt-to-equity ratio to 76.2%. Its total assets and total liabilities are ₹10.3B and ₹5.4B respectively. Sukhjit Starch & Chemicals's EBIT is ₹1.0B making its interest coverage ratio 3.2. It has cash and short-term investments of ₹818.9M.
Key information
76.2%
Debt to equity ratio
₹3.72b
Debt
Interest coverage ratio | 3.2x |
Cash | ₹818.90m |
Equity | ₹4.88b |
Total liabilities | ₹5.39b |
Total assets | ₹10.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524542's short term assets (₹4.5B) exceed its short term liabilities (₹3.5B).
Long Term Liabilities: 524542's short term assets (₹4.5B) exceed its long term liabilities (₹1.9B).
Debt to Equity History and Analysis
Debt Level: 524542's net debt to equity ratio (59.5%) is considered high.
Reducing Debt: 524542's debt to equity ratio has increased from 64.8% to 76.2% over the past 5 years.
Debt Coverage: 524542's debt is well covered by operating cash flow (25.4%).
Interest Coverage: 524542's interest payments on its debt are well covered by EBIT (3.2x coverage).