Sangal Papers Balance Sheet Health
Financial Health criteria checks 4/6
Sangal Papers has a total shareholder equity of ₹437.6M and total debt of ₹298.7M, which brings its debt-to-equity ratio to 68.3%. Its total assets and total liabilities are ₹993.4M and ₹555.8M respectively. Sangal Papers's EBIT is ₹84.5M making its interest coverage ratio 3.3. It has cash and short-term investments of ₹17.7M.
Key information
68.3%
Debt to equity ratio
₹298.67m
Debt
| Interest coverage ratio | 3.3x |
| Cash | ₹17.65m |
| Equity | ₹437.56m |
| Total liabilities | ₹555.81m |
| Total assets | ₹993.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 516096's short term assets (₹598.7M) exceed its short term liabilities (₹397.8M).
Long Term Liabilities: 516096's short term assets (₹598.7M) exceed its long term liabilities (₹158.0M).
Debt to Equity History and Analysis
Debt Level: 516096's net debt to equity ratio (64.2%) is considered high.
Reducing Debt: 516096's debt to equity ratio has increased from 66.6% to 68.3% over the past 5 years.
Debt Coverage: 516096's debt is well covered by operating cash flow (27.4%).
Interest Coverage: 516096's interest payments on its debt are well covered by EBIT (3.3x coverage).