Sagar Cements Balance Sheet Health
Financial Health criteria checks 1/6
Sagar Cements has a total shareholder equity of ₹16.3B and total debt of ₹15.4B, which brings its debt-to-equity ratio to 94.4%. Its total assets and total liabilities are ₹39.1B and ₹22.8B respectively. Sagar Cements's EBIT is ₹205.7M making its interest coverage ratio -0.3. It has cash and short-term investments of ₹1.5B.
Key information
94.4%
Debt to equity ratio
₹15.36b
Debt
Interest coverage ratio | -0.3x |
Cash | ₹1.52b |
Equity | ₹16.28b |
Total liabilities | ₹22.77b |
Total assets | ₹39.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502090's short term assets (₹8.0B) do not cover its short term liabilities (₹9.1B).
Long Term Liabilities: 502090's short term assets (₹8.0B) do not cover its long term liabilities (₹13.7B).
Debt to Equity History and Analysis
Debt Level: 502090's net debt to equity ratio (85%) is considered high.
Reducing Debt: 502090's debt to equity ratio has increased from 64.6% to 94.4% over the past 5 years.
Debt Coverage: 502090's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: 502090 earns more interest than it pays, so coverage of interest payments is not a concern.