Syngene International Balance Sheet Health
Financial Health criteria checks 6/6
Syngene International has a total shareholder equity of ₹42.6B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are ₹61.5B and ₹18.9B respectively. Syngene International's EBIT is ₹7.3B making its interest coverage ratio 15.6. It has cash and short-term investments of ₹10.8B.
Key information
3.3%
Debt to equity ratio
₹1.42b
Debt
Interest coverage ratio | 15.6x |
Cash | ₹10.77b |
Equity | ₹42.58b |
Total liabilities | ₹18.94b |
Total assets | ₹61.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539268's short term assets (₹19.6B) exceed its short term liabilities (₹11.4B).
Long Term Liabilities: 539268's short term assets (₹19.6B) exceed its long term liabilities (₹7.5B).
Debt to Equity History and Analysis
Debt Level: 539268 has more cash than its total debt.
Reducing Debt: 539268's debt to equity ratio has reduced from 41% to 3.3% over the past 5 years.
Debt Coverage: 539268's debt is well covered by operating cash flow (735.4%).
Interest Coverage: 539268's interest payments on its debt are well covered by EBIT (15.6x coverage).