Commercial Syn Bags Balance Sheet Health
Financial Health criteria checks 3/6
Commercial Syn Bags has a total shareholder equity of ₹1.3B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 86.7%. Its total assets and total liabilities are ₹2.9B and ₹1.6B respectively. Commercial Syn Bags's EBIT is ₹149.4M making its interest coverage ratio 2.6. It has cash and short-term investments of ₹49.1M.
Key information
86.7%
Debt to equity ratio
₹1.16b
Debt
| Interest coverage ratio | 2.6x |
| Cash | ₹49.15m |
| Equity | ₹1.34b |
| Total liabilities | ₹1.57b |
| Total assets | ₹2.92b |
Recent financial health updates
Recent updates
Commercial Syn Bags Limited (NSE:COMSYN) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Dec 20
There's Reason For Concern Over Commercial Syn Bags Limited's (NSE:COMSYN) Massive 29% Price Jump
Jul 05There's Reason For Concern Over Commercial Syn Bags Limited's (NSE:COMSYN) Massive 26% Price Jump
Apr 30Commercial Syn Bags Limited's (NSE:COMSYN) Shareholders Might Be Looking For Exit
Mar 14Commercial Syn Bags (NSE:COMSYN) Takes On Some Risk With Its Use Of Debt
Jan 31Financial Position Analysis
Short Term Liabilities: COMSYN's short term assets (₹1.5B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: COMSYN's short term assets (₹1.5B) exceed its long term liabilities (₹403.0M).
Debt to Equity History and Analysis
Debt Level: COMSYN's net debt to equity ratio (83%) is considered high.
Reducing Debt: COMSYN's debt to equity ratio has reduced from 89.6% to 86.7% over the past 5 years.
Debt Coverage: COMSYN's debt is not well covered by operating cash flow (2.5%).
Interest Coverage: COMSYN's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/19 06:36 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Commercial Syn Bags Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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