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
Recent updates
Returns On Capital Are Showing Encouraging Signs At Sastasundar Ventures (NSE:SASTASUNDR)
Mar 13
Take 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 (₹2.3B) exceed its short term liabilities (₹932.2M).
Long Term Liabilities: SASTASUNDR's short term assets (₹2.3B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: SASTASUNDR has more cash than its total debt.
Reducing Debt: SASTASUNDR's debt to equity ratio has reduced from 10% to 0.9% over the past 5 years.
Debt Coverage: SASTASUNDR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SASTASUNDR's interest payments on its debt are well covered by EBIT (49.5x coverage).