Sayaji Industries Balance Sheet Health
Financial Health criteria checks 3/6
Sayaji Industries has a total shareholder equity of ₹1.2B and total debt of ₹1.7B, which brings its debt-to-equity ratio to 144.4%. Its total assets and total liabilities are ₹4.9B and ₹3.7B respectively.
Key information
144.4%
Debt to equity ratio
₹1.68b
Debt
Interest coverage ratio | n/a |
Cash | ₹9.11m |
Equity | ₹1.17b |
Total liabilities | ₹3.72b |
Total assets | ₹4.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540728's short term assets (₹1.7B) do not cover its short term liabilities (₹2.7B).
Long Term Liabilities: 540728's short term assets (₹1.7B) exceed its long term liabilities (₹1.0B).
Debt to Equity History and Analysis
Debt Level: 540728's net debt to equity ratio (143.6%) is considered high.
Reducing Debt: 540728's debt to equity ratio has reduced from 185.8% to 144.4% over the past 5 years.
Debt Coverage: 540728's debt is well covered by operating cash flow (24.8%).
Interest Coverage: Insufficient data to determine if 540728's interest payments on its debt are well covered by EBIT.