Sreechem Resins Balance Sheet Health
Financial Health criteria checks 6/6
Sreechem Resins has a total shareholder equity of ₹141.9M and total debt of ₹17.6M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are ₹181.0M and ₹39.2M respectively. Sreechem Resins's EBIT is ₹37.3M making its interest coverage ratio 9.4. It has cash and short-term investments of ₹787.0K.
Key information
12.4%
Debt to equity ratio
₹17.59m
Debt
| Interest coverage ratio | 9.4x |
| Cash | ₹787.00k |
| Equity | ₹141.87m |
| Total liabilities | ₹39.17m |
| Total assets | ₹181.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514248's short term assets (₹97.4M) exceed its short term liabilities (₹36.0M).
Long Term Liabilities: 514248's short term assets (₹97.4M) exceed its long term liabilities (₹3.2M).
Debt to Equity History and Analysis
Debt Level: 514248's net debt to equity ratio (11.8%) is considered satisfactory.
Reducing Debt: 514248's debt to equity ratio has reduced from 38.1% to 12.4% over the past 5 years.
Debt Coverage: 514248's debt is well covered by operating cash flow (156.1%).
Interest Coverage: 514248's interest payments on its debt are well covered by EBIT (9.4x coverage).