Sudal Industries Balance Sheet Health
Financial Health criteria checks 0/6
Sudal Industries has a total shareholder equity of ₹-1.0B and total debt of ₹1.5B, which brings its debt-to-equity ratio to -147.1%. Its total assets and total liabilities are ₹614.9M and ₹1.6B respectively. Sudal Industries's EBIT is ₹44.1M making its interest coverage ratio 0.3. It has cash and short-term investments of ₹15.9M.
Key information
-147.1%
Debt to equity ratio
₹1.51b
Debt
Interest coverage ratio | 0.3x |
Cash | ₹15.92m |
Equity | -₹1.03b |
Total liabilities | ₹1.64b |
Total assets | ₹614.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506003 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 506003 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 506003 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 506003's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 506003's debt is not well covered by operating cash flow (2.8%).
Interest Coverage: 506003's interest payments on its debt are not well covered by EBIT (0.3x coverage).