Srivari Spices and Foods Balance Sheet Health
Financial Health criteria checks 3/6
Srivari Spices and Foods has a total shareholder equity of ₹192.2M and total debt of ₹123.4M, which brings its debt-to-equity ratio to 64.2%. Its total assets and total liabilities are ₹406.3M and ₹214.1M respectively. Srivari Spices and Foods's EBIT is ₹89.8M making its interest coverage ratio 6.5. It has cash and short-term investments of ₹1.5M.
Key information
64.2%
Debt to equity ratio
₹123.40m
Debt
Interest coverage ratio | 6.5x |
Cash | ₹1.47m |
Equity | ₹192.19m |
Total liabilities | ₹214.06m |
Total assets | ₹406.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SSFL's short term assets (₹356.4M) exceed its short term liabilities (₹110.7M).
Long Term Liabilities: SSFL's short term assets (₹356.4M) exceed its long term liabilities (₹103.4M).
Debt to Equity History and Analysis
Debt Level: SSFL's net debt to equity ratio (63.4%) is considered high.
Reducing Debt: Insufficient data to determine if SSFL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SSFL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SSFL's interest payments on its debt are well covered by EBIT (6.5x coverage).