Sastasundar Ventures Balance Sheet Health
Financial Health criteria checks 5/6
Sastasundar Ventures has a total shareholder equity of ₹9.8B and total debt of ₹87.4M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are ₹11.9B and ₹2.1B respectively. Sastasundar Ventures's EBIT is ₹458.8M making its interest coverage ratio 49.5. It has cash and short-term investments of ₹103.7M.
Key information
0.9%
Debt to equity ratio
₹87.44m
Debt
Interest coverage ratio | 49.5x |
Cash | ₹103.70m |
Equity | ₹9.81b |
Total liabilities | ₹2.09b |
Total assets | ₹11.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533259's short term assets (₹2.3B) exceed its short term liabilities (₹932.2M).
Long Term Liabilities: 533259's short term assets (₹2.3B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 533259 has more cash than its total debt.
Reducing Debt: 533259's debt to equity ratio has reduced from 10% to 0.9% over the past 5 years.
Debt Coverage: 533259's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 533259's interest payments on its debt are well covered by EBIT (49.5x coverage).