Syschem (India) Balance Sheet Health
Financial Health criteria checks 5/6
Syschem (India) has a total shareholder equity of ₹251.0M and total debt of ₹15.0M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are ₹841.7M and ₹590.7M respectively. Syschem (India)'s EBIT is ₹52.0M making its interest coverage ratio 40.1. It has cash and short-term investments of ₹3.2M.
Key information
6.0%
Debt to equity ratio
₹15.04m
Debt
Interest coverage ratio | 40.1x |
Cash | ₹3.24m |
Equity | ₹250.98m |
Total liabilities | ₹590.74m |
Total assets | ₹841.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531173's short term assets (₹498.3M) exceed its short term liabilities (₹294.1M).
Long Term Liabilities: 531173's short term assets (₹498.3M) exceed its long term liabilities (₹296.6M).
Debt to Equity History and Analysis
Debt Level: 531173's net debt to equity ratio (4.7%) is considered satisfactory.
Reducing Debt: 531173's debt to equity ratio has reduced from 173.1% to 6% over the past 5 years.
Debt Coverage: 531173's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531173's interest payments on its debt are well covered by EBIT (40.1x coverage).