Superior Industrial Enterprises Balance Sheet Health
Financial Health criteria checks 5/6
Superior Industrial Enterprises has a total shareholder equity of ₹796.3M and total debt of ₹71.6M, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are ₹894.1M and ₹97.7M respectively. Superior Industrial Enterprises's EBIT is ₹37.3M making its interest coverage ratio 5.4. It has cash and short-term investments of ₹37.6M.
Key information
9.0%
Debt to equity ratio
₹71.62m
Debt
Interest coverage ratio | 5.4x |
Cash | ₹37.59m |
Equity | ₹796.33m |
Total liabilities | ₹97.73m |
Total assets | ₹894.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519234's short term assets (₹108.9M) exceed its short term liabilities (₹31.4M).
Long Term Liabilities: 519234's short term assets (₹108.9M) exceed its long term liabilities (₹66.4M).
Debt to Equity History and Analysis
Debt Level: 519234's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: 519234's debt to equity ratio has reduced from 19.3% to 9% over the past 5 years.
Debt Coverage: 519234's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: 519234's interest payments on its debt are well covered by EBIT (5.4x coverage).