Synthiko Foils Balance Sheet Health
Financial Health criteria checks 3/6
Synthiko Foils has a total shareholder equity of ₹59.0M and total debt of ₹55.9M, which brings its debt-to-equity ratio to 94.8%. Its total assets and total liabilities are ₹116.9M and ₹57.9M respectively. Synthiko Foils's EBIT is ₹5.8M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹209.0K.
Key information
94.8%
Debt to equity ratio
₹55.93m
Debt
Interest coverage ratio | 1.4x |
Cash | ₹209.00k |
Equity | ₹58.97m |
Total liabilities | ₹57.88m |
Total assets | ₹116.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513307's short term assets (₹102.6M) exceed its short term liabilities (₹54.4M).
Long Term Liabilities: 513307's short term assets (₹102.6M) exceed its long term liabilities (₹3.5M).
Debt to Equity History and Analysis
Debt Level: 513307's net debt to equity ratio (94.5%) is considered high.
Reducing Debt: 513307's debt to equity ratio has reduced from 121% to 94.8% over the past 5 years.
Debt Coverage: 513307's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 513307's interest payments on its debt are not well covered by EBIT (1.4x coverage).