Smiths & Founders (India) Balance Sheet Health
Financial Health criteria checks 6/6
Smiths & Founders (India) has a total shareholder equity of ₹189.4M and total debt of ₹22.5M, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are ₹229.4M and ₹40.0M respectively. Smiths & Founders (India)'s EBIT is ₹7.8M making its interest coverage ratio 3.1. It has cash and short-term investments of ₹190.0K.
Key information
11.9%
Debt to equity ratio
₹22.46m
Debt
Interest coverage ratio | 3.1x |
Cash | ₹190.00k |
Equity | ₹189.39m |
Total liabilities | ₹40.00m |
Total assets | ₹229.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513418's short term assets (₹38.9M) exceed its short term liabilities (₹13.3M).
Long Term Liabilities: 513418's short term assets (₹38.9M) exceed its long term liabilities (₹26.7M).
Debt to Equity History and Analysis
Debt Level: 513418's net debt to equity ratio (11.8%) is considered satisfactory.
Reducing Debt: 513418's debt to equity ratio has reduced from 97.5% to 11.9% over the past 5 years.
Debt Coverage: 513418's debt is well covered by operating cash flow (52.1%).
Interest Coverage: 513418's interest payments on its debt are well covered by EBIT (3.1x coverage).