Sylvan Plyboard (India) Balance Sheet Health
Financial Health criteria checks 5/6
Sylvan Plyboard (India) has a total shareholder equity of ₹961.8M and total debt of ₹547.4M, which brings its debt-to-equity ratio to 56.9%. Its total assets and total liabilities are ₹2.2B and ₹1.2B respectively. Sylvan Plyboard (India)'s EBIT is ₹161.0M making its interest coverage ratio 3.1. It has cash and short-term investments of ₹96.6M.
Key information
56.9%
Debt to equity ratio
₹547.38m
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₹96.61m |
| Equity | ₹961.82m |
| Total liabilities | ₹1.21b |
| Total assets | ₹2.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYLVANPLY's short term assets (₹1.9B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: SYLVANPLY's short term assets (₹1.9B) exceed its long term liabilities (₹53.5M).
Debt to Equity History and Analysis
Debt Level: SYLVANPLY's net debt to equity ratio (46.9%) is considered high.
Reducing Debt: SYLVANPLY's debt to equity ratio has reduced from 66.6% to 56.9% over the past 5 years.
Debt Coverage: SYLVANPLY's debt is well covered by operating cash flow (23.4%).
Interest Coverage: SYLVANPLY's interest payments on its debt are well covered by EBIT (3.1x coverage).