Sreechem Resins Balance Sheet Health
Financial Health criteria checks 5/6
Sreechem Resins has a total shareholder equity of ₹107.6M and total debt of ₹24.2M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are ₹156.0M and ₹48.4M respectively. Sreechem Resins's EBIT is ₹4.5M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹914.0K.
Key information
22.4%
Debt to equity ratio
₹24.15m
Debt
Interest coverage ratio | 1.4x |
Cash | ₹914.00k |
Equity | ₹107.60m |
Total liabilities | ₹48.44m |
Total assets | ₹156.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514248's short term assets (₹89.9M) exceed its short term liabilities (₹46.1M).
Long Term Liabilities: 514248's short term assets (₹89.9M) exceed its long term liabilities (₹2.4M).
Debt to Equity History and Analysis
Debt Level: 514248's net debt to equity ratio (21.6%) is considered satisfactory.
Reducing Debt: 514248's debt to equity ratio has reduced from 59.5% to 22.4% over the past 5 years.
Debt Coverage: 514248's debt is well covered by operating cash flow (78.7%).
Interest Coverage: 514248's interest payments on its debt are not well covered by EBIT (1.4x coverage).