Sagar Cements Balance Sheet Health
Financial Health criteria checks 1/6
Sagar Cements has a total shareholder equity of ₹20.2B and total debt of ₹14.4B, which brings its debt-to-equity ratio to 71.5%. Its total assets and total liabilities are ₹43.6B and ₹23.4B respectively. Sagar Cements's EBIT is ₹420.1M making its interest coverage ratio 0.3. It has cash and short-term investments of ₹1.7B.
Key information
71.5%
Debt to equity ratio
₹14.44b
Debt
Interest coverage ratio | 0.3x |
Cash | ₹1.67b |
Equity | ₹20.20b |
Total liabilities | ₹23.37b |
Total assets | ₹43.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502090's short term assets (₹8.6B) do not cover its short term liabilities (₹10.0B).
Long Term Liabilities: 502090's short term assets (₹8.6B) do not cover its long term liabilities (₹13.3B).
Debt to Equity History and Analysis
Debt Level: 502090's net debt to equity ratio (63.2%) is considered high.
Reducing Debt: 502090's debt to equity ratio has increased from 61.5% to 71.5% over the past 5 years.
Debt Coverage: 502090's debt is well covered by operating cash flow (27.7%).
Interest Coverage: 502090's interest payments on its debt are not well covered by EBIT (0.3x coverage).