Suraj Products Balance Sheet Health
Financial Health criteria checks 5/6
Suraj Products has a total shareholder equity of ₹1.4B and total debt of ₹492.9M, which brings its debt-to-equity ratio to 34.9%. Its total assets and total liabilities are ₹2.1B and ₹666.1M respectively. Suraj Products's EBIT is ₹374.5M making its interest coverage ratio 15.9. It has cash and short-term investments of ₹256.5M.
Key information
34.9%
Debt to equity ratio
₹492.89m
Debt
| Interest coverage ratio | 15.9x |
| Cash | ₹256.50m |
| Equity | ₹1.41b |
| Total liabilities | ₹666.10m |
| Total assets | ₹2.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 518075's short term assets (₹1.2B) exceed its short term liabilities (₹523.6M).
Long Term Liabilities: 518075's short term assets (₹1.2B) exceed its long term liabilities (₹142.5M).
Debt to Equity History and Analysis
Debt Level: 518075's net debt to equity ratio (16.7%) is considered satisfactory.
Reducing Debt: 518075's debt to equity ratio has reduced from 182.4% to 34.9% over the past 5 years.
Debt Coverage: 518075's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 518075's interest payments on its debt are well covered by EBIT (15.9x coverage).