Smruthi Organics Balance Sheet Health
Financial Health criteria checks 6/6
Smruthi Organics has a total shareholder equity of ₹702.4M and total debt of ₹94.8M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are ₹1.1B and ₹354.9M respectively. Smruthi Organics's EBIT is ₹49.6M making its interest coverage ratio 6.6. It has cash and short-term investments of ₹6.6M.
Key information
13.5%
Debt to equity ratio
₹94.79m
Debt
Interest coverage ratio | 6.6x |
Cash | ₹6.60m |
Equity | ₹702.44m |
Total liabilities | ₹354.89m |
Total assets | ₹1.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540686's short term assets (₹640.2M) exceed its short term liabilities (₹299.6M).
Long Term Liabilities: 540686's short term assets (₹640.2M) exceed its long term liabilities (₹55.2M).
Debt to Equity History and Analysis
Debt Level: 540686's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: 540686's debt to equity ratio has reduced from 77.3% to 13.5% over the past 5 years.
Debt Coverage: 540686's debt is well covered by operating cash flow (64.7%).
Interest Coverage: 540686's interest payments on its debt are well covered by EBIT (6.6x coverage).