Suraj Balance Sheet Health
Financial Health criteria checks 6/6
Suraj has a total shareholder equity of ₹1.1B and total debt of ₹507.6M, which brings its debt-to-equity ratio to 45%. Its total assets and total liabilities are ₹2.0B and ₹825.8M respectively. Suraj's EBIT is ₹388.2M making its interest coverage ratio 13.1. It has cash and short-term investments of ₹65.9M.
Key information
45.0%
Debt to equity ratio
₹507.58m
Debt
Interest coverage ratio | 13.1x |
Cash | ₹65.95m |
Equity | ₹1.13b |
Total liabilities | ₹825.79m |
Total assets | ₹1.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531638's short term assets (₹1.2B) exceed its short term liabilities (₹823.8M).
Long Term Liabilities: 531638's short term assets (₹1.2B) exceed its long term liabilities (₹2.0M).
Debt to Equity History and Analysis
Debt Level: 531638's net debt to equity ratio (39.2%) is considered satisfactory.
Reducing Debt: 531638's debt to equity ratio has reduced from 113.3% to 45% over the past 5 years.
Debt Coverage: 531638's debt is well covered by operating cash flow (79.6%).
Interest Coverage: 531638's interest payments on its debt are well covered by EBIT (13.1x coverage).