Sah Polymers Balance Sheet Health
Financial Health criteria checks 4/6
Sah Polymers has a total shareholder equity of ₹870.7M and total debt of ₹305.9M, which brings its debt-to-equity ratio to 35.1%. Its total assets and total liabilities are ₹1.3B and ₹444.3M respectively. Sah Polymers's EBIT is ₹22.8M making its interest coverage ratio 0.7. It has cash and short-term investments of ₹126.9M.
Key information
35.1%
Debt to equity ratio
₹305.92m
Debt
Interest coverage ratio | 0.7x |
Cash | ₹126.93m |
Equity | ₹870.67m |
Total liabilities | ₹444.29m |
Total assets | ₹1.31b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SAH's short term assets (₹774.5M) exceed its short term liabilities (₹354.8M).
Long Term Liabilities: SAH's short term assets (₹774.5M) exceed its long term liabilities (₹89.4M).
Debt to Equity History and Analysis
Debt Level: SAH's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: SAH's debt to equity ratio has reduced from 62.8% to 35.1% over the past 5 years.
Debt Coverage: SAH's debt is not well covered by operating cash flow (0.6%).
Interest Coverage: SAH's interest payments on its debt are not well covered by EBIT (0.7x coverage).