Srivari Spices and Foods Balance Sheet Health
Financial Health criteria checks 3/6
Srivari Spices and Foods has a total shareholder equity of ₹289.0M and total debt of ₹201.3M, which brings its debt-to-equity ratio to 69.7%. Its total assets and total liabilities are ₹540.3M and ₹251.3M respectively. Srivari Spices and Foods's EBIT is ₹154.6M making its interest coverage ratio 6.6. It has cash and short-term investments of ₹60.0K.
Key information
69.7%
Debt to equity ratio
₹201.33m
Debt
| Interest coverage ratio | 6.6x |
| Cash | ₹60.00k |
| Equity | ₹288.99m |
| Total liabilities | ₹251.34m |
| Total assets | ₹540.34m |
Recent financial health updates
Recent updates
Solid Earnings May Not Tell The Whole Story For Srivari Spices and Foods (NSE:SSFL)
Nov 19
Srivari Spices and Foods Limited's (NSE:SSFL) 27% Jump Shows Its Popularity With Investors
Oct 11Here's Why We Think Srivari Spices and Foods (NSE:SSFL) Is Well Worth Watching
Oct 06Srivari Spices and Foods Limited (NSE:SSFL) Could Be Riskier Than It Looks
Jul 26We Think Srivari Spices and Foods (NSE:SSFL) Can Stay On Top Of Its Debt
Jun 05Financial Position Analysis
Short Term Liabilities: SSFL's short term assets (₹471.7M) exceed its short term liabilities (₹217.2M).
Long Term Liabilities: SSFL's short term assets (₹471.7M) exceed its long term liabilities (₹34.1M).
Debt to Equity History and Analysis
Debt Level: SSFL's net debt to equity ratio (69.6%) 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 (6.6x coverage).