The Sukhjit Starch & Chemicals Limited

BSE:524542 Stock Report

Market Cap: ₹7.1b

Sukhjit Starch & Chemicals Balance Sheet Health

Financial Health criteria checks 5/6

Sukhjit Starch & Chemicals has a total shareholder equity of ₹5.0B and total debt of ₹3.2B, which brings its debt-to-equity ratio to 64.6%. Its total assets and total liabilities are ₹10.2B and ₹5.2B respectively. Sukhjit Starch & Chemicals's EBIT is ₹1.0B making its interest coverage ratio 3.1. It has cash and short-term investments of ₹983.7M.

Key information

64.6%

Debt to equity ratio

₹3.24b

Debt

Interest coverage ratio3.1x
Cash₹983.70m
Equity₹5.03b
Total liabilities₹5.19b
Total assets₹10.22b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 524542's short term assets (₹4.4B) exceed its short term liabilities (₹3.3B).

Long Term Liabilities: 524542's short term assets (₹4.4B) exceed its long term liabilities (₹1.9B).


Debt to Equity History and Analysis

Debt Level: 524542's net debt to equity ratio (45%) is considered high.

Reducing Debt: 524542's debt to equity ratio has reduced from 65.8% to 64.6% over the past 5 years.

Debt Coverage: 524542's debt is well covered by operating cash flow (24%).

Interest Coverage: 524542's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet


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