Sula Vineyards Balance Sheet Health
Financial Health criteria checks 4/6
Sula Vineyards has a total shareholder equity of ₹5.3B and total debt of ₹2.8B, which brings its debt-to-equity ratio to 52.8%. Its total assets and total liabilities are ₹9.0B and ₹3.7B respectively. Sula Vineyards's EBIT is ₹1.5B making its interest coverage ratio 7.4. It has cash and short-term investments of ₹225.3M.
Key information
52.8%
Debt to equity ratio
₹2.77b
Debt
Interest coverage ratio | 7.4x |
Cash | ₹225.30m |
Equity | ₹5.26b |
Total liabilities | ₹3.74b |
Total assets | ₹8.99b |
Recent financial health updates
No updates
Recent updates
Here's Why We Think Sula Vineyards (NSE:SULA) Might Deserve Your Attention Today
Feb 13Why The 24% Return On Capital At Sula Vineyards (NSE:SULA) Should Have Your Attention
Jan 06Sula Vineyards Limited Just Recorded A 16% EPS Beat: Here's What Analysts Are Forecasting Next
Aug 12Getting In Cheap On Sula Vineyards Limited (NSE:SULA) Is Unlikely
Jul 13Financial Position Analysis
Short Term Liabilities: SULA's short term assets (₹3.9B) exceed its short term liabilities (₹3.0B).
Long Term Liabilities: SULA's short term assets (₹3.9B) exceed its long term liabilities (₹723.8M).
Debt to Equity History and Analysis
Debt Level: SULA's net debt to equity ratio (48.5%) is considered high.
Reducing Debt: Insufficient data to determine if SULA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SULA's debt is well covered by operating cash flow (22.8%).
Interest Coverage: SULA's interest payments on its debt are well covered by EBIT (7.4x coverage).