Sat Industries Balance Sheet Health
Financial Health criteria checks 5/6
Sat Industries has a total shareholder equity of ₹6.9B and total debt of ₹1.0B, which brings its debt-to-equity ratio to 14.4%. Its total assets and total liabilities are ₹9.4B and ₹2.4B respectively. Sat Industries's EBIT is ₹675.1M making its interest coverage ratio 8.4. It has cash and short-term investments of ₹3.8B.
Key information
14.4%
Debt to equity ratio
₹1.00b
Debt
Interest coverage ratio | 8.4x |
Cash | ₹3.77b |
Equity | ₹6.93b |
Total liabilities | ₹2.44b |
Total assets | ₹9.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511076's short term assets (₹7.7B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: 511076's short term assets (₹7.7B) exceed its long term liabilities (₹121.9M).
Debt to Equity History and Analysis
Debt Level: 511076 has more cash than its total debt.
Reducing Debt: 511076's debt to equity ratio has reduced from 54.4% to 14.4% over the past 5 years.
Debt Coverage: 511076's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 511076's interest payments on its debt are well covered by EBIT (8.4x coverage).