Saregama India Balance Sheet Health
Financial Health criteria checks 6/6
Saregama India has a total shareholder equity of ₹15.6B and total debt of ₹18.6M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are ₹23.1B and ₹7.5B respectively. Saregama India's EBIT is ₹2.1B making its interest coverage ratio -5.3. It has cash and short-term investments of ₹8.7B.
Key information
0.1%
Debt to equity ratio
₹18.60m
Debt
| Interest coverage ratio | -5.3x |
| Cash | ₹8.69b |
| Equity | ₹15.57b |
| Total liabilities | ₹7.50b |
| Total assets | ₹23.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532163's short term assets (₹14.5B) exceed its short term liabilities (₹5.0B).
Long Term Liabilities: 532163's short term assets (₹14.5B) exceed its long term liabilities (₹2.5B).
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 11.3% to 0.1% over the past 5 years.
Debt Coverage: 532163's debt is well covered by operating cash flow (16877.2%).
Interest Coverage: 532163 earns more interest than it pays, so coverage of interest payments is not a concern.