Ugar Sugar Works Balance Sheet Health
Financial Health criteria checks 3/6
Ugar Sugar Works has a total shareholder equity of ₹1.6B and total debt of ₹3.7B, which brings its debt-to-equity ratio to 231.9%. Its total assets and total liabilities are ₹7.1B and ₹5.5B respectively. Ugar Sugar Works's EBIT is ₹182.7M making its interest coverage ratio 0.4. It has cash and short-term investments of ₹226.1M.
Key information
231.9%
Debt to equity ratio
₹3.71b
Debt
| Interest coverage ratio | 0.4x |
| Cash | ₹226.11m |
| Equity | ₹1.60b |
| Total liabilities | ₹5.49b |
| Total assets | ₹7.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530363's short term assets (₹3.3B) do not cover its short term liabilities (₹4.2B).
Long Term Liabilities: 530363's short term assets (₹3.3B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: 530363's net debt to equity ratio (217.8%) is considered high.
Reducing Debt: 530363's debt to equity ratio has reduced from 164477.2% to 231.9% over the past 5 years.
Debt Coverage: 530363's debt is well covered by operating cash flow (53.5%).
Interest Coverage: 530363's interest payments on its debt are not well covered by EBIT (0.4x coverage).