Saurashtra Cement Balance Sheet Health
Financial Health criteria checks 5/6
Saurashtra Cement has a total shareholder equity of ₹9.3B and total debt of ₹850.3M, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are ₹15.7B and ₹6.4B respectively. Saurashtra Cement's EBIT is ₹744.8M making its interest coverage ratio -29.2. It has cash and short-term investments of ₹1.7B.
Key information
9.2%
Debt to equity ratio
₹850.29m
Debt
| Interest coverage ratio | -29.2x |
| Cash | ₹1.66b |
| Equity | ₹9.28b |
| Total liabilities | ₹6.43b |
| Total assets | ₹15.71b |
Recent financial health updates
No updates
Recent updates
Even With A 26% Surge, Cautious Investors Are Not Rewarding Saurashtra Cement Limited's (NSE:SAURASHCEM) Performance Completely
Jun 14
Saurashtra Cement's (NSE:SAURASHCEM) Promising Earnings May Rest On Soft Foundations
Jun 05Investors Still Aren't Entirely Convinced By Saurashtra Cement Limited's (NSE:SAURASHCEM) Revenues Despite 27% Price Jump
Apr 20Financial Position Analysis
Short Term Liabilities: SAURASHCEM's short term assets (₹6.2B) exceed its short term liabilities (₹5.1B).
Long Term Liabilities: SAURASHCEM's short term assets (₹6.2B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: SAURASHCEM has more cash than its total debt.
Reducing Debt: SAURASHCEM's debt to equity ratio has increased from 7.3% to 9.2% over the past 5 years.
Debt Coverage: SAURASHCEM's debt is well covered by operating cash flow (182.4%).
Interest Coverage: SAURASHCEM earns more interest than it pays, so coverage of interest payments is not a concern.