Sati Poly Plast Balance Sheet Health
Financial Health criteria checks 5/6
Sati Poly Plast has a total shareholder equity of ₹302.8M and total debt of ₹163.4M, which brings its debt-to-equity ratio to 54%. Its total assets and total liabilities are ₹742.5M and ₹439.8M respectively. Sati Poly Plast's EBIT is ₹97.2M making its interest coverage ratio 4.9. It has cash and short-term investments of ₹50.5M.
Key information
54.0%
Debt to equity ratio
₹163.43m
Debt
Interest coverage ratio | 4.9x |
Cash | ₹50.51m |
Equity | ₹302.76m |
Total liabilities | ₹439.79m |
Total assets | ₹742.54m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SATIPOLY's short term assets (₹598.8M) exceed its short term liabilities (₹368.4M).
Long Term Liabilities: SATIPOLY's short term assets (₹598.8M) exceed its long term liabilities (₹71.4M).
Debt to Equity History and Analysis
Debt Level: SATIPOLY's net debt to equity ratio (37.3%) is considered satisfactory.
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 (20.5%).
Interest Coverage: SATIPOLY's interest payments on its debt are well covered by EBIT (4.9x coverage).