Sikko Industries Balance Sheet Health
Financial Health criteria checks 5/6
Sikko Industries has a total shareholder equity of ₹330.0M and total debt of ₹40.5M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are ₹558.2M and ₹228.2M respectively. Sikko Industries's EBIT is ₹55.3M making its interest coverage ratio 9.1. It has cash and short-term investments of ₹1.1M.
Key information
12.3%
Debt to equity ratio
₹40.48m
Debt
| Interest coverage ratio | 9.1x |
| Cash | ₹1.12m |
| Equity | ₹329.98m |
| Total liabilities | ₹228.20m |
| Total assets | ₹558.18m |
Recent financial health updates
No updates
Recent updates
It's A Story Of Risk Vs Reward With Sikko Industries Limited (NSE:SIKKO)
Dec 05
Does Sikko Industries (NSE:SIKKO) Deserve A Spot On Your Watchlist?
Oct 27Subdued Growth No Barrier To Sikko Industries Limited (NSE:SIKKO) With Shares Advancing 26%
Aug 12Here's Why We Think Sikko Industries (NSE:SIKKO) Might Deserve Your Attention Today
Jul 20Optimistic Investors Push Sikko Industries Limited (NSE:SIKKO) Shares Up 28% But Growth Is Lacking
May 28Investor Optimism Abounds Sikko Industries Limited (NSE:SIKKO) But Growth Is Lacking
Apr 03Here's Why Sikko Industries (NSE:SIKKO) Has Caught The Eye Of Investors
Feb 27Subdued Growth No Barrier To Sikko Industries Limited (NSE:SIKKO) With Shares Advancing 37%
Dec 22Calculating The Intrinsic Value Of Sikko Industries Limited (NSE:SIKKO)
Dec 26Calculating The Intrinsic Value Of Sikko Industries Limited (NSE:SIKKO)
Aug 23Do Sikko Industries's (NSE:SIKKO) Earnings Warrant Your Attention?
Aug 13Is Now The Time To Put Sikko Industries (NSE:SIKKO) On Your Watchlist?
Feb 03Financial Position Analysis
Short Term Liabilities: SIKKO's short term assets (₹506.4M) exceed its short term liabilities (₹194.6M).
Long Term Liabilities: SIKKO's short term assets (₹506.4M) exceed its long term liabilities (₹33.6M).
Debt to Equity History and Analysis
Debt Level: SIKKO's net debt to equity ratio (11.9%) is considered satisfactory.
Reducing Debt: SIKKO's debt to equity ratio has reduced from 58.6% to 12.3% over the past 5 years.
Debt Coverage: SIKKO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SIKKO's interest payments on its debt are well covered by EBIT (9.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 13:12 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sikko Industries Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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