Saurashtra Cement Balance Sheet Health
Financial Health criteria checks 4/6
Saurashtra Cement has a total shareholder equity of ₹8.9B and total debt of ₹1.6B, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are ₹15.0B and ₹6.1B respectively. Saurashtra Cement's EBIT is ₹239.0M making its interest coverage ratio -53.7. It has cash and short-term investments of ₹1.6B.
Key information
17.7%
Debt to equity ratio
₹1.58b
Debt
| Interest coverage ratio | -53.7x |
| Cash | ₹1.56b |
| Equity | ₹8.95b |
| Total liabilities | ₹6.06b |
| Total assets | ₹15.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502175's short term assets (₹5.3B) exceed its short term liabilities (₹4.8B).
Long Term Liabilities: 502175's short term assets (₹5.3B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 502175's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: 502175's debt to equity ratio has increased from 6.9% to 17.7% over the past 5 years.
Debt Coverage: 502175's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: 502175 earns more interest than it pays, so coverage of interest payments is not a concern.