Saurashtra Cement Balance Sheet Health
Financial Health criteria checks 5/6
Saurashtra Cement has a total shareholder equity of ₹9.0B and total debt of ₹729.3M, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are ₹13.6B and ₹4.7B respectively. Saurashtra Cement's EBIT is ₹760.2M making its interest coverage ratio -30.7. It has cash and short-term investments of ₹1.4B.
Key information
8.1%
Debt to equity ratio
₹729.26m
Debt
Interest coverage ratio | -30.7x |
Cash | ₹1.41b |
Equity | ₹8.95b |
Total liabilities | ₹4.69b |
Total assets | ₹13.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502175's short term assets (₹4.3B) exceed its short term liabilities (₹3.6B).
Long Term Liabilities: 502175's short term assets (₹4.3B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 502175 has more cash than its total debt.
Reducing Debt: 502175's debt to equity ratio has increased from 6.9% to 8.1% over the past 5 years.
Debt Coverage: 502175's debt is well covered by operating cash flow (21.5%).
Interest Coverage: 502175 earns more interest than it pays, so coverage of interest payments is not a concern.