Sarda Energy & Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Sarda Energy & Minerals has a total shareholder equity of ₹37.8B and total debt of ₹12.2B, which brings its debt-to-equity ratio to 32.3%. Its total assets and total liabilities are ₹57.9B and ₹20.1B respectively. Sarda Energy & Minerals's EBIT is ₹6.6B making its interest coverage ratio 9.5. It has cash and short-term investments of ₹10.8B.
Key information
32.3%
Debt to equity ratio
₹12.20b
Debt
| Interest coverage ratio | 9.5x |
| Cash | ₹10.82b |
| Equity | ₹37.80b |
| Total liabilities | ₹20.08b |
| Total assets | ₹57.88b |
Recent financial health updates
Here's Why Sarda Energy & Minerals (NSE:SARDAEN) Can Manage Its Debt Responsibly
Mar 27
Here's Why Sarda Energy & Minerals (NSE:SARDAEN) Can Manage Its Debt Responsibly
Dec 26Does Sarda Energy & Minerals (NSE:SARDAEN) Have A Healthy Balance Sheet?
Jun 11Sarda Energy & Minerals (NSE:SARDAEN) Has A Somewhat Strained Balance Sheet
Jan 25
Does Sarda Energy & Minerals (NSE:SARDAEN) Have A Healthy Balance Sheet?
Jun 26Recent updates
Here's Why Sarda Energy & Minerals (NSE:SARDAEN) Can Manage Its Debt Responsibly
Mar 27Sarda Energy & Minerals (NSE:SARDAEN) Has Some Way To Go To Become A Multi-Bagger
Mar 12Sarda Energy & Minerals Limited (NSE:SARDAEN) Could Be Riskier Than It Looks
Feb 24Slowing Rates Of Return At Sarda Energy & Minerals (NSE:SARDAEN) Leave Little Room For Excitement
Nov 17Increases to Sarda Energy & Minerals Limited's (NSE:SARDAEN) CEO Compensation Might Cool off for now
Sep 22Sarda Energy & Minerals' (NSE:SARDAEN) Returns On Capital Are Heading Higher
Jul 19Here's Why Sarda Energy & Minerals (NSE:SARDAEN) Can Manage Its Debt Responsibly
Dec 26Shareholders Would Enjoy A Repeat Of Sarda Energy & Minerals' (NSE:SARDAEN) Recent Growth In Returns
Dec 03Here's Why Shareholders May Want To Be Cautious With Increasing Sarda Energy & Minerals Limited's (NSE:SARDAEN) CEO Pay Packet
Sep 23The Trend Of High Returns At Sarda Energy & Minerals (NSE:SARDAEN) Has Us Very Interested
Jun 17Is Now The Time To Put Sarda Energy & Minerals (NSE:SARDAEN) On Your Watchlist?
Apr 15Does Sarda Energy & Minerals (NSE:SARDAEN) Deserve A Spot On Your Watchlist?
Oct 05Sarda Energy & Minerals (NSE:SARDAEN) Shareholders Will Want The ROCE Trajectory To Continue
Aug 26Does Sarda Energy & Minerals (NSE:SARDAEN) Have A Healthy Balance Sheet?
Jun 11Should You Be Adding Sarda Energy & Minerals (NSE:SARDAEN) To Your Watchlist Today?
May 26Returns On Capital - An Important Metric For Sarda Energy & Minerals (NSE:SARDAEN)
Mar 01Read This Before Buying Sarda Energy & Minerals Limited (NSE:SARDAEN) For Its Dividend
Feb 11Sarda Energy & Minerals (NSE:SARDAEN) Has A Somewhat Strained Balance Sheet
Jan 25Sarda Energy & Minerals (NSE:SARDAEN) Has Gifted Shareholders With A Fantastic 278% Total Return On Their Investment
Jan 04What Type Of Shareholders Make Up Sarda Energy & Minerals Limited's (NSE:SARDAEN) Share Registry?
Dec 17Should You Or Shouldn't You: A Dividend Analysis on Sarda Energy & Minerals Limited (NSE:SARDAEN)
Nov 10Should We Be Excited About The Trends Of Returns At Sarda Energy & Minerals (NSE:SARDAEN)?
Oct 14Shareholders Of Sarda Energy & Minerals (NSE:SARDAEN) Must Be Happy With Their 175% Total Return
Sep 17Is Sarda Energy & Minerals Limited's (NSE:SARDAEN) Shareholder Ownership Skewed Towards Insiders?
Aug 27Lacklustre Performance Driving Sarda Energy & Minerals Limited's (NSE:SARDAEN) P/E
Aug 06Key Things To Watch Out For If You Are After Sarda Energy & Minerals Limited's (NSE:SARDAEN) 3.1% Dividend
Jul 16Does Sarda Energy & Minerals (NSE:SARDAEN) Have A Healthy Balance Sheet?
Jun 26Financial Position Analysis
Short Term Liabilities: SARDAEN's short term assets (₹25.2B) exceed its short term liabilities (₹8.7B).
Long Term Liabilities: SARDAEN's short term assets (₹25.2B) exceed its long term liabilities (₹11.4B).
Debt to Equity History and Analysis
Debt Level: SARDAEN's net debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: SARDAEN's debt to equity ratio has reduced from 67.6% to 32.3% over the past 5 years.
Debt Coverage: SARDAEN's debt is well covered by operating cash flow (65.2%).
Interest Coverage: SARDAEN's interest payments on its debt are well covered by EBIT (9.5x coverage).