Sikko Industries Limited

NSEI:SIKKO Stock Report

Market Cap: ₹1.9b

Sikko Industries Balance Sheet Health

Financial Health criteria checks 6/6

Sikko Industries has a total shareholder equity of ₹278.7M and total debt of ₹58.9M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are ₹516.7M and ₹238.0M respectively. Sikko Industries's EBIT is ₹49.3M making its interest coverage ratio 7.6. It has cash and short-term investments of ₹823.0K.

Key information

21.1%

Debt to equity ratio

₹58.90m

Debt

Interest coverage ratio7.6x
Cash₹823.00k
Equity₹278.75m
Total liabilities₹237.99m
Total assets₹516.74m

Recent financial health updates

No updates

Recent updates

Here's Why We Think Sikko Industries (NSE:SIKKO) Might Deserve Your Attention Today

Jul 20
Here's Why We Think Sikko Industries (NSE:SIKKO) Might Deserve Your Attention Today

Optimistic Investors Push Sikko Industries Limited (NSE:SIKKO) Shares Up 28% But Growth Is Lacking

May 28
Optimistic Investors Push Sikko Industries Limited (NSE:SIKKO) Shares Up 28% But Growth Is Lacking

Investor Optimism Abounds Sikko Industries Limited (NSE:SIKKO) But Growth Is Lacking

Apr 03
Investor Optimism Abounds Sikko Industries Limited (NSE:SIKKO) But Growth Is Lacking

Here's Why Sikko Industries (NSE:SIKKO) Has Caught The Eye Of Investors

Feb 27
Here's Why Sikko Industries (NSE:SIKKO) Has Caught The Eye Of Investors

Subdued Growth No Barrier To Sikko Industries Limited (NSE:SIKKO) With Shares Advancing 37%

Dec 22
Subdued Growth No Barrier To Sikko Industries Limited (NSE:SIKKO) With Shares Advancing 37%

Calculating The Intrinsic Value Of Sikko Industries Limited (NSE:SIKKO)

Dec 26
Calculating The Intrinsic Value Of Sikko Industries Limited (NSE:SIKKO)

Calculating The Intrinsic Value Of Sikko Industries Limited (NSE:SIKKO)

Aug 23
Calculating The Intrinsic Value Of Sikko Industries Limited (NSE:SIKKO)

Do Sikko Industries's (NSE:SIKKO) Earnings Warrant Your Attention?

Aug 13
Do Sikko Industries's (NSE:SIKKO) Earnings Warrant Your Attention?

Is Now The Time To Put Sikko Industries (NSE:SIKKO) On Your Watchlist?

Feb 03
Is Now The Time To Put Sikko Industries (NSE:SIKKO) On Your Watchlist?

Financial Position Analysis

Short Term Liabilities: SIKKO's short term assets (₹463.6M) exceed its short term liabilities (₹220.9M).

Long Term Liabilities: SIKKO's short term assets (₹463.6M) exceed its long term liabilities (₹17.1M).


Debt to Equity History and Analysis

Debt Level: SIKKO's net debt to equity ratio (20.8%) is considered satisfactory.

Reducing Debt: SIKKO's debt to equity ratio has reduced from 58.6% to 21.1% over the past 5 years.

Debt Coverage: SIKKO's debt is well covered by operating cash flow (37.6%).

Interest Coverage: SIKKO's interest payments on its debt are well covered by EBIT (7.6x coverage).


Balance Sheet


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