Srivasavi Adhesive Tapes Balance Sheet Health
Financial Health criteria checks 4/6
Srivasavi Adhesive Tapes has a total shareholder equity of ₹381.8M and total debt of ₹14.5M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are ₹532.5M and ₹150.7M respectively. Srivasavi Adhesive Tapes's EBIT is ₹77.8M making its interest coverage ratio 594.1. It has cash and short-term investments of ₹1.9M.
Key information
3.8%
Debt to equity ratio
₹14.47m
Debt
| Interest coverage ratio | 594.1x |
| Cash | ₹1.90m |
| Equity | ₹381.79m |
| Total liabilities | ₹150.71m |
| Total assets | ₹532.50m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SRIVASAVI's short term assets (₹372.2M) exceed its short term liabilities (₹143.0M).
Long Term Liabilities: SRIVASAVI's short term assets (₹372.2M) exceed its long term liabilities (₹7.7M).
Debt to Equity History and Analysis
Debt Level: SRIVASAVI's net debt to equity ratio (3.3%) 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 debt is not well covered by operating cash flow (2%).
Interest Coverage: SRIVASAVI's interest payments on its debt are well covered by EBIT (594.1x coverage).