SMS Lifesciences India Balance Sheet Health
Financial Health criteria checks 4/6
SMS Lifesciences India has a total shareholder equity of ₹2.0B and total debt of ₹894.9M, which brings its debt-to-equity ratio to 44%. Its total assets and total liabilities are ₹3.9B and ₹1.9B respectively. SMS Lifesciences India's EBIT is ₹307.4M making its interest coverage ratio 3.3. It has cash and short-term investments of ₹11.9M.
Key information
44.0%
Debt to equity ratio
₹894.94m
Debt
| Interest coverage ratio | 3.3x |
| Cash | ₹11.92m |
| Equity | ₹2.03b |
| Total liabilities | ₹1.88b |
| Total assets | ₹3.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540679's short term assets (₹1.5B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: 540679's short term assets (₹1.5B) exceed its long term liabilities (₹441.0M).
Debt to Equity History and Analysis
Debt Level: 540679's net debt to equity ratio (43.4%) is considered high.
Reducing Debt: 540679's debt to equity ratio has increased from 42% to 44% over the past 5 years.
Debt Coverage: 540679's debt is well covered by operating cash flow (37.4%).
Interest Coverage: 540679's interest payments on its debt are well covered by EBIT (3.3x coverage).