Sudal Industries Balance Sheet Health
Financial Health criteria checks 4/6
Sudal Industries has a total shareholder equity of ₹216.8M and total debt of ₹243.6M, which brings its debt-to-equity ratio to 112.3%. Its total assets and total liabilities are ₹622.2M and ₹405.4M respectively. Sudal Industries's EBIT is ₹80.4M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹21.7M.
Key information
112.3%
Debt to equity ratio
₹243.59m
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₹21.66m |
| Equity | ₹216.83m |
| Total liabilities | ₹405.40m |
| Total assets | ₹622.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506003's short term assets (₹237.6M) exceed its short term liabilities (₹227.6M).
Long Term Liabilities: 506003's short term assets (₹237.6M) exceed its long term liabilities (₹177.8M).
Debt to Equity History and Analysis
Debt Level: 506003's net debt to equity ratio (102.4%) is considered high.
Reducing Debt: 506003 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 506003's debt is well covered by operating cash flow (44.1%).
Interest Coverage: 506003's interest payments on its debt are not well covered by EBIT (2.5x coverage).