Sarda Energy & Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Sarda Energy & Minerals has a total shareholder equity of ₹37.8B and total debt of ₹12.2B, which brings its debt-to-equity ratio to 32.3%. Its total assets and total liabilities are ₹57.9B and ₹20.1B respectively. Sarda Energy & Minerals's EBIT is ₹6.6B making its interest coverage ratio 9.5. It has cash and short-term investments of ₹10.8B.
Key information
32.3%
Debt to equity ratio
₹12.20b
Debt
Interest coverage ratio | 9.5x |
Cash | ₹10.82b |
Equity | ₹37.80b |
Total liabilities | ₹20.08b |
Total assets | ₹57.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504614's short term assets (₹25.2B) exceed its short term liabilities (₹8.7B).
Long Term Liabilities: 504614's short term assets (₹25.2B) exceed its long term liabilities (₹11.4B).
Debt to Equity History and Analysis
Debt Level: 504614's net debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: 504614's debt to equity ratio has reduced from 67.6% to 32.3% over the past 5 years.
Debt Coverage: 504614's debt is well covered by operating cash flow (65.2%).
Interest Coverage: 504614's interest payments on its debt are well covered by EBIT (9.5x coverage).