Sukhjit Starch & Chemicals Balance Sheet Health
Financial Health criteria checks 5/6
Sukhjit Starch & Chemicals has a total shareholder equity of ₹5.3B and total debt of ₹3.5B, which brings its debt-to-equity ratio to 65.2%. Its total assets and total liabilities are ₹10.5B and ₹5.2B respectively. Sukhjit Starch & Chemicals's EBIT is ₹1.0B making its interest coverage ratio 3.1. It has cash and short-term investments of ₹859.2M.
Key information
65.2%
Debt to equity ratio
₹3.46b
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₹859.20m |
| Equity | ₹5.31b |
| Total liabilities | ₹5.20b |
| Total assets | ₹10.52b |
Recent financial health updates
No updates
Recent updates
Estimating The Fair Value Of The Sukhjit Starch & Chemicals Limited (NSE:SUKHJITS)
Sep 10
A Piece Of The Puzzle Missing From The Sukhjit Starch & Chemicals Limited's (NSE:SUKHJITS) 28% Share Price Climb
Dec 19Returns On Capital At Sukhjit Starch & Chemicals (NSE:SUKHJITS) Have Stalled
Dec 05Investors Don't See Light At End Of The Sukhjit Starch & Chemicals Limited's (NSE:SUKHJITS) Tunnel
May 16Financial Position Analysis
Short Term Liabilities: SUKHJITS's short term assets (₹4.7B) exceed its short term liabilities (₹3.4B).
Long Term Liabilities: SUKHJITS's short term assets (₹4.7B) exceed its long term liabilities (₹1.8B).
Debt to Equity History and Analysis
Debt Level: SUKHJITS's net debt to equity ratio (49.1%) is considered high.
Reducing Debt: SUKHJITS's debt to equity ratio has reduced from 103% to 65.2% over the past 5 years.
Debt Coverage: SUKHJITS's debt is well covered by operating cash flow (27.2%).
Interest Coverage: SUKHJITS's interest payments on its debt are well covered by EBIT (3.1x coverage).