Sagardeep Alloys Balance Sheet Health
Financial Health criteria checks 4/6
Sagardeep Alloys has a total shareholder equity of ₹279.0M and total debt of ₹120.3M, which brings its debt-to-equity ratio to 43.1%. Its total assets and total liabilities are ₹417.8M and ₹138.9M respectively. Sagardeep Alloys's EBIT is ₹15.9M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹25.7M.
Key information
43.1%
Debt to equity ratio
₹120.35m
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₹25.68m |
| Equity | ₹278.95m |
| Total liabilities | ₹138.87m |
| Total assets | ₹417.82m |
Recent financial health updates
Does Sagardeep Alloys (NSE:SAGARDEEP) Have A Healthy Balance Sheet?
Jan 06
Sagardeep Alloys (NSE:SAGARDEEP) Seems To Use Debt Quite Sensibly
Jun 21We Think Sagardeep Alloys (NSE:SAGARDEEP) Can Stay On Top Of Its Debt
Dec 02Sagardeep Alloys (NSE:SAGARDEEP) Is Making Moderate Use Of Debt
Mar 01Recent updates
A Piece Of The Puzzle Missing From Sagardeep Alloys Limited's (NSE:SAGARDEEP) 27% Share Price Climb
Jul 20Sagardeep Alloys Limited (NSE:SAGARDEEP) Stock's 27% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Mar 24Does Sagardeep Alloys (NSE:SAGARDEEP) Have A Healthy Balance Sheet?
Jan 06Sagardeep Alloys (NSE:SAGARDEEP) Seems To Use Debt Quite Sensibly
Jun 21We Think Sagardeep Alloys (NSE:SAGARDEEP) Can Stay On Top Of Its Debt
Dec 02Sagardeep Alloys (NSE:SAGARDEEP) Is Making Moderate Use Of Debt
Mar 01Financial Position Analysis
Short Term Liabilities: SAGARDEEP's short term assets (₹231.8M) exceed its short term liabilities (₹124.9M).
Long Term Liabilities: SAGARDEEP's short term assets (₹231.8M) exceed its long term liabilities (₹14.0M).
Debt to Equity History and Analysis
Debt Level: SAGARDEEP's net debt to equity ratio (33.9%) is considered satisfactory.
Reducing Debt: SAGARDEEP's debt to equity ratio has increased from 42% to 43.1% over the past 5 years.
Debt Coverage: SAGARDEEP's debt is well covered by operating cash flow (20.3%).
Interest Coverage: SAGARDEEP's interest payments on its debt are not well covered by EBIT (1.3x coverage).