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
Recent updates
Is Sukhjit Starch & Chemicals (NSE:SUKHJITS) A Risky Investment?
Dec 05
Estimating The Fair Value Of The Sukhjit Starch & Chemicals Limited (NSE:SUKHJITS)
Sep 10A 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 12:13 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The Sukhjit Starch & Chemicals Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | CNI Research Limited |
| Kameswari V. S. Chavali | FirstCall Research |