Synthiko Foils Balance Sheet Health
Financial Health criteria checks 6/6
Synthiko Foils has a total shareholder equity of ₹63.6M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹77.8M and ₹14.2M respectively. Synthiko Foils's EBIT is ₹8.2M making its interest coverage ratio 3. It has cash and short-term investments of ₹343.0K.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 3x |
| Cash | ₹343.00k |
| Equity | ₹63.61m |
| Total liabilities | ₹14.19m |
| Total assets | ₹77.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513307's short term assets (₹66.8M) exceed its short term liabilities (₹11.8M).
Long Term Liabilities: 513307's short term assets (₹66.8M) exceed its long term liabilities (₹2.4M).
Debt to Equity History and Analysis
Debt Level: 513307 is debt free.
Reducing Debt: 513307 has no debt compared to 5 years ago when its debt to equity ratio was 110.8%.
Debt Coverage: 513307 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 513307 has no debt, therefore coverage of interest payments is not a concern.