Ugar Sugar Works Balance Sheet Health
Financial Health criteria checks 2/6
Ugar Sugar Works has a total shareholder equity of ₹2.3B and total debt of ₹5.7B, which brings its debt-to-equity ratio to 240.7%. Its total assets and total liabilities are ₹10.9B and ₹8.5B respectively. Ugar Sugar Works's EBIT is ₹422.4M making its interest coverage ratio 1. It has cash and short-term investments of ₹259.4M.
Key information
240.7%
Debt to equity ratio
₹5.66b
Debt
| Interest coverage ratio | 1x |
| Cash | ₹259.38m |
| Equity | ₹2.35b |
| Total liabilities | ₹8.50b |
| Total assets | ₹10.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530363's short term assets (₹7.3B) do not cover its short term liabilities (₹7.5B).
Long Term Liabilities: 530363's short term assets (₹7.3B) exceed its long term liabilities (₹977.9M).
Debt to Equity History and Analysis
Debt Level: 530363's net debt to equity ratio (229.7%) is considered high.
Reducing Debt: 530363's debt to equity ratio has reduced from 1083.8% to 240.7% over the past 5 years.
Debt Coverage: 530363's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 530363's interest payments on its debt are not well covered by EBIT (1x coverage).