Smruthi Organics Balance Sheet Health
Financial Health criteria checks 5/6
Smruthi Organics has a total shareholder equity of ₹677.8M and total debt of ₹169.2M, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are ₹1.1B and ₹397.3M respectively. Smruthi Organics's EBIT is ₹7.8M making its interest coverage ratio 0.7. It has cash and short-term investments of ₹7.5M.
Key information
25.0%
Debt to equity ratio
₹169.18m
Debt
| Interest coverage ratio | 0.7x |
| Cash | ₹7.47m |
| Equity | ₹677.84m |
| Total liabilities | ₹397.28m |
| Total assets | ₹1.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540686's short term assets (₹600.9M) exceed its short term liabilities (₹297.3M).
Long Term Liabilities: 540686's short term assets (₹600.9M) exceed its long term liabilities (₹100.0M).
Debt to Equity History and Analysis
Debt Level: 540686's net debt to equity ratio (23.9%) is considered satisfactory.
Reducing Debt: 540686's debt to equity ratio has reduced from 65.6% to 25% over the past 5 years.
Debt Coverage: 540686's debt is well covered by operating cash flow (42.9%).
Interest Coverage: 540686's interest payments on its debt are not well covered by EBIT (0.7x coverage).