Southern Gas Balance Sheet Health
Financial Health criteria checks 6/6
Southern Gas has a total shareholder equity of ₹219.9M and total debt of ₹3.2M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are ₹319.4M and ₹99.5M respectively. Southern Gas's EBIT is ₹13.5M making its interest coverage ratio -2.5. It has cash and short-term investments of ₹29.3M.
Key information
1.5%
Debt to equity ratio
₹3.19m
Debt
| Interest coverage ratio | -2.5x |
| Cash | ₹29.27m |
| Equity | ₹219.91m |
| Total liabilities | ₹99.53m |
| Total assets | ₹319.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509910's short term assets (₹102.3M) exceed its short term liabilities (₹89.5M).
Long Term Liabilities: 509910's short term assets (₹102.3M) exceed its long term liabilities (₹10.1M).
Debt to Equity History and Analysis
Debt Level: 509910 has more cash than its total debt.
Reducing Debt: 509910's debt to equity ratio has reduced from 5.6% to 1.5% over the past 5 years.
Debt Coverage: 509910's debt is well covered by operating cash flow (827.1%).
Interest Coverage: 509910 earns more interest than it pays, so coverage of interest payments is not a concern.