Samrat Forgings Balance Sheet Health
Financial Health criteria checks 2/6
Samrat Forgings has a total shareholder equity of ₹347.8M and total debt of ₹789.9M, which brings its debt-to-equity ratio to 227.1%. Its total assets and total liabilities are ₹1.7B and ₹1.3B respectively. Samrat Forgings's EBIT is ₹105.5M making its interest coverage ratio 2.1. It has cash and short-term investments of ₹12.3M.
Key information
227.1%
Debt to equity ratio
₹789.93m
Debt
| Interest coverage ratio | 2.1x |
| Cash | ₹12.25m |
| Equity | ₹347.82m |
| Total liabilities | ₹1.32b |
| Total assets | ₹1.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543229's short term assets (₹849.4M) exceed its short term liabilities (₹811.6M).
Long Term Liabilities: 543229's short term assets (₹849.4M) exceed its long term liabilities (₹507.9M).
Debt to Equity History and Analysis
Debt Level: 543229's net debt to equity ratio (223.6%) is considered high.
Reducing Debt: 543229's debt to equity ratio has increased from 224.7% to 227.1% over the past 5 years.
Debt Coverage: 543229's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: 543229's interest payments on its debt are not well covered by EBIT (2.1x coverage).