Saregama India Balance Sheet Health
Financial Health criteria checks 6/6
Saregama India has a total shareholder equity of ₹14.4B and total debt of ₹4.0M, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are ₹18.0B and ₹3.7B respectively. Saregama India's EBIT is ₹1.9B making its interest coverage ratio -7.7. It has cash and short-term investments of ₹7.9B.
Key information
0.03%
Debt to equity ratio
₹4.00m
Debt
Interest coverage ratio | -7.7x |
Cash | ₹7.94b |
Equity | ₹14.38b |
Total liabilities | ₹3.67b |
Total assets | ₹18.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532163's short term assets (₹13.3B) exceed its short term liabilities (₹3.1B).
Long Term Liabilities: 532163's short term assets (₹13.3B) exceed its long term liabilities (₹523.0M).
Debt to Equity History and Analysis
Debt Level: 532163 has more cash than its total debt.
Reducing Debt: 532163's debt to equity ratio has reduced from 12.4% to 0.03% over the past 5 years.
Debt Coverage: 532163's debt is well covered by operating cash flow (8220.1%).
Interest Coverage: 532163 earns more interest than it pays, so coverage of interest payments is not a concern.