South India Paper Mills Balance Sheet Health
Financial Health criteria checks 2/6
South India Paper Mills has a total shareholder equity of ₹2.2B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 87.2%. Its total assets and total liabilities are ₹4.6B and ₹2.4B respectively. South India Paper Mills's EBIT is ₹67.6M making its interest coverage ratio 0.4. It has cash and short-term investments of ₹6.0M.
Key information
87.2%
Debt to equity ratio
₹1.89b
Debt
| Interest coverage ratio | 0.4x |
| Cash | ₹5.99m |
| Equity | ₹2.16b |
| Total liabilities | ₹2.44b |
| Total assets | ₹4.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 516108's short term assets (₹1.3B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 516108's short term assets (₹1.3B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 516108's net debt to equity ratio (86.9%) is considered high.
Reducing Debt: 516108's debt to equity ratio has increased from 23.6% to 87.2% over the past 5 years.
Debt Coverage: 516108's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: 516108's interest payments on its debt are not well covered by EBIT (0.4x coverage).