Sula Vineyards Balance Sheet Health
Financial Health criteria checks 5/6
Sula Vineyards has a total shareholder equity of ₹5.5B and total debt of ₹3.2B, which brings its debt-to-equity ratio to 59%. Its total assets and total liabilities are ₹10.3B and ₹4.8B respectively. Sula Vineyards's EBIT is ₹1.5B making its interest coverage ratio 7.2. It has cash and short-term investments of ₹971.9M.
Key information
59.0%
Debt to equity ratio
₹3.24b
Debt
| Interest coverage ratio | 7.2x |
| Cash | ₹971.90m |
| Equity | ₹5.50b |
| Total liabilities | ₹4.76b |
| Total assets | ₹10.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543711's short term assets (₹5.0B) exceed its short term liabilities (₹3.9B).
Long Term Liabilities: 543711's short term assets (₹5.0B) exceed its long term liabilities (₹912.1M).
Debt to Equity History and Analysis
Debt Level: 543711's net debt to equity ratio (41.3%) is considered high.
Reducing Debt: 543711's debt to equity ratio has reduced from 99.2% to 59% over the past 5 years.
Debt Coverage: 543711's debt is well covered by operating cash flow (37.4%).
Interest Coverage: 543711's interest payments on its debt are well covered by EBIT (7.2x coverage).