Suraj Balance Sheet Health
Financial Health criteria checks 6/6
Suraj has a total shareholder equity of ₹1.3B and total debt of ₹509.7M, which brings its debt-to-equity ratio to 37.8%. Its total assets and total liabilities are ₹2.2B and ₹833.1M respectively. Suraj's EBIT is ₹298.6M making its interest coverage ratio 8.9. It has cash and short-term investments of ₹2.5M.
Key information
37.8%
Debt to equity ratio
₹509.73m
Debt
| Interest coverage ratio | 8.9x |
| Cash | ₹2.51m |
| Equity | ₹1.35b |
| Total liabilities | ₹833.06m |
| Total assets | ₹2.18b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SURAJLTD's short term assets (₹1.0B) exceed its short term liabilities (₹814.6M).
Long Term Liabilities: SURAJLTD's short term assets (₹1.0B) exceed its long term liabilities (₹18.5M).
Debt to Equity History and Analysis
Debt Level: SURAJLTD's net debt to equity ratio (37.7%) is considered satisfactory.
Reducing Debt: SURAJLTD's debt to equity ratio has reduced from 106.1% to 37.8% over the past 5 years.
Debt Coverage: SURAJLTD's debt is well covered by operating cash flow (61.7%).
Interest Coverage: SURAJLTD's interest payments on its debt are well covered by EBIT (8.9x coverage).