Sastasundar Ventures Balance Sheet Health
Financial Health criteria checks 6/6
Sastasundar Ventures has a total shareholder equity of ₹8.9B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹10.0B and ₹1.1B respectively. Sastasundar Ventures's EBIT is ₹631.9M making its interest coverage ratio 122.2. It has cash and short-term investments of ₹250.8M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 122.2x |
| Cash | ₹250.80m |
| Equity | ₹8.92b |
| Total liabilities | ₹1.13b |
| Total assets | ₹10.05b |
Recent financial health updates
Recent updates
Sastasundar Ventures' (NSE:SASTASUNDR) Solid Profits Have Weak Fundamentals
Jun 07
Returns On Capital Are Showing Encouraging Signs At Sastasundar Ventures (NSE:SASTASUNDR)
Mar 13Take Care Before Diving Into The Deep End On Sastasundar Ventures Limited (NSE:SASTASUNDR)
Aug 15Sastasundar Ventures' (NSE:SASTASUNDR) Earnings Aren't As Good As They Appear
Nov 22We Think Sastasundar Ventures (NSE:SASTASUNDR) Has A Fair Chunk Of Debt
Dec 22If You Had Bought Sastasundar Ventures (NSE:SASTASUNDR) Stock Five Years Ago, You Could Pocket A 117% Gain Today
Feb 22Update: Sastasundar Ventures (NSE:SASTASUNDR) Stock Gained 47% In The Last Five Years
Nov 10Financial Position Analysis
Short Term Liabilities: SASTASUNDR's short term assets (₹1.7B) exceed its short term liabilities (₹551.9M).
Long Term Liabilities: SASTASUNDR's short term assets (₹1.7B) exceed its long term liabilities (₹575.1M).
Debt to Equity History and Analysis
Debt Level: SASTASUNDR is debt free.
Reducing Debt: SASTASUNDR has no debt compared to 5 years ago when its debt to equity ratio was 3.1%.
Debt Coverage: SASTASUNDR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SASTASUNDR has no debt, therefore coverage of interest payments is not a concern.