Sat Industries Balance Sheet Health
Financial Health criteria checks 5/6
Sat Industries has a total shareholder equity of ₹7.2B and total debt of ₹630.6M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are ₹8.9B and ₹1.7B respectively. Sat Industries's EBIT is ₹637.7M making its interest coverage ratio 6.5. It has cash and short-term investments of ₹3.4B.
Key information
8.8%
Debt to equity ratio
₹630.63m
Debt
Interest coverage ratio | 6.5x |
Cash | ₹3.36b |
Equity | ₹7.21b |
Total liabilities | ₹1.73b |
Total assets | ₹8.93b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SATINDLTD's short term assets (₹6.9B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: SATINDLTD's short term assets (₹6.9B) exceed its long term liabilities (₹198.3M).
Debt to Equity History and Analysis
Debt Level: SATINDLTD has more cash than its total debt.
Reducing Debt: SATINDLTD's debt to equity ratio has reduced from 54.6% to 8.8% over the past 5 years.
Debt Coverage: SATINDLTD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SATINDLTD's interest payments on its debt are well covered by EBIT (6.5x coverage).