Samrat Forgings Balance Sheet Health
Financial Health criteria checks 3/6
Samrat Forgings has a total shareholder equity of ₹307.1M and total debt of ₹629.6M, which brings its debt-to-equity ratio to 205%. Its total assets and total liabilities are ₹1.3B and ₹1.0B respectively. Samrat Forgings's EBIT is ₹99.2M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹11.0M.
Key information
205.0%
Debt to equity ratio
₹629.65m
Debt
Interest coverage ratio | 1.8x |
Cash | ₹10.95m |
Equity | ₹307.12m |
Total liabilities | ₹1.03b |
Total assets | ₹1.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543229's short term assets (₹734.8M) exceed its short term liabilities (₹707.8M).
Long Term Liabilities: 543229's short term assets (₹734.8M) exceed its long term liabilities (₹326.2M).
Debt to Equity History and Analysis
Debt Level: 543229's net debt to equity ratio (201.4%) is considered high.
Reducing Debt: Insufficient data to determine if 543229's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543229's debt is well covered by operating cash flow (32.9%).
Interest Coverage: 543229's interest payments on its debt are not well covered by EBIT (1.8x coverage).