Ugar Sugar Works Balance Sheet Health
Financial Health criteria checks 5/6
Ugar Sugar Works has a total shareholder equity of ₹1.7B and total debt of ₹2.2B, which brings its debt-to-equity ratio to 130.3%. Its total assets and total liabilities are ₹6.3B and ₹4.6B respectively. Ugar Sugar Works's EBIT is ₹1.2B making its interest coverage ratio 3.7. It has cash and short-term investments of ₹415.2M.
Key information
130.3%
Debt to equity ratio
₹2.25b
Debt
Interest coverage ratio | 3.7x |
Cash | ₹415.22m |
Equity | ₹1.73b |
Total liabilities | ₹4.57b |
Total assets | ₹6.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530363's short term assets (₹3.3B) exceed its short term liabilities (₹3.2B).
Long Term Liabilities: 530363's short term assets (₹3.3B) exceed its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: 530363's net debt to equity ratio (106.2%) is considered high.
Reducing Debt: 530363's debt to equity ratio has reduced from 214642.7% to 130.3% over the past 5 years.
Debt Coverage: 530363's debt is well covered by operating cash flow (173.2%).
Interest Coverage: 530363's interest payments on its debt are well covered by EBIT (3.7x coverage).