Srivasavi Adhesive Tapes Balance Sheet Health
Financial Health criteria checks 4/6
Srivasavi Adhesive Tapes has a total shareholder equity of ₹314.7M and total debt of ₹11.7M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are ₹463.5M and ₹148.8M respectively. Srivasavi Adhesive Tapes's EBIT is ₹64.3M making its interest coverage ratio -31.5. It has cash and short-term investments of ₹7.3M.
Key information
3.7%
Debt to equity ratio
₹11.72m
Debt
Interest coverage ratio | -31.5x |
Cash | ₹7.30m |
Equity | ₹314.68m |
Total liabilities | ₹148.82m |
Total assets | ₹463.51m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SRIVASAVI's short term assets (₹303.0M) exceed its short term liabilities (₹143.9M).
Long Term Liabilities: SRIVASAVI's short term assets (₹303.0M) exceed its long term liabilities (₹4.9M).
Debt to Equity History and Analysis
Debt Level: SRIVASAVI's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SRIVASAVI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SRIVASAVI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SRIVASAVI earns more interest than it pays, so coverage of interest payments is not a concern.