Suraj Products Balance Sheet Health
Financial Health criteria checks 6/6
Suraj Products has a total shareholder equity of ₹1.2B and total debt of ₹451.5M, which brings its debt-to-equity ratio to 38.5%. Its total assets and total liabilities are ₹1.8B and ₹622.3M respectively. Suraj Products's EBIT is ₹451.5M making its interest coverage ratio 14. It has cash and short-term investments of ₹380.4M.
Key information
38.5%
Debt to equity ratio
₹451.54m
Debt
Interest coverage ratio | 14x |
Cash | ₹380.42m |
Equity | ₹1.17b |
Total liabilities | ₹622.26m |
Total assets | ₹1.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 518075's short term assets (₹887.7M) exceed its short term liabilities (₹387.1M).
Long Term Liabilities: 518075's short term assets (₹887.7M) exceed its long term liabilities (₹235.1M).
Debt to Equity History and Analysis
Debt Level: 518075's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: 518075's debt to equity ratio has reduced from 147.2% to 38.5% over the past 5 years.
Debt Coverage: 518075's debt is well covered by operating cash flow (94.2%).
Interest Coverage: 518075's interest payments on its debt are well covered by EBIT (14x coverage).