Sati Poly Plast Balance Sheet Health
Financial Health criteria checks 4/6
Sati Poly Plast has a total shareholder equity of ₹123.0M and total debt of ₹224.0M, which brings its debt-to-equity ratio to 182.1%. Its total assets and total liabilities are ₹563.8M and ₹440.7M respectively. Sati Poly Plast's EBIT is ₹84.2M making its interest coverage ratio 4.1. It has cash and short-term investments of ₹29.2M.
Key information
182.1%
Debt to equity ratio
₹224.01m
Debt
| Interest coverage ratio | 4.1x |
| Cash | ₹29.21m |
| Equity | ₹123.03m |
| Total liabilities | ₹440.73m |
| Total assets | ₹563.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SATIPOLY's short term assets (₹406.8M) exceed its short term liabilities (₹266.3M).
Long Term Liabilities: SATIPOLY's short term assets (₹406.8M) exceed its long term liabilities (₹174.4M).
Debt to Equity History and Analysis
Debt Level: SATIPOLY's net debt to equity ratio (158.3%) is considered high.
Reducing Debt: Insufficient data to determine if SATIPOLY's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SATIPOLY's debt is well covered by operating cash flow (32.8%).
Interest Coverage: SATIPOLY's interest payments on its debt are well covered by EBIT (4.1x coverage).