Sreechem Resins Limited

BSE:514248 Stock Report

Market Cap: ₹214.2m

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 ₹37.8M making its interest coverage ratio 9.6. It has cash and short-term investments of ₹787.0K.

Key information

12.4%

Debt to equity ratio

₹17.59m

Debt

Interest coverage ratio9.6x
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 (9.6x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 23:07
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Sreechem Resins Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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