Sigachi Industries Balance Sheet Health
Financial Health criteria checks 5/6
Sigachi Industries has a total shareholder equity of ₹4.8B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 29.5%. Its total assets and total liabilities are ₹7.5B and ₹2.7B respectively. Sigachi Industries's EBIT is ₹697.3M making its interest coverage ratio 19.3. It has cash and short-term investments of ₹480.3M.
Key information
29.5%
Debt to equity ratio
₹1.42b
Debt
| Interest coverage ratio | 19.3x |
| Cash | ₹480.25m |
| Equity | ₹4.82b |
| Total liabilities | ₹2.71b |
| Total assets | ₹7.53b |
Recent financial health updates
No updates
Recent updates
Sigachi Industries Limited's (NSE:SIGACHI) Share Price Is Matching Sentiment Around Its Earnings
Oct 23
Sigachi Industries' (NSE:SIGACHI) Shareholders May Want To Dig Deeper Than Statutory Profit
Jun 03Sigachi Industries Limited's (NSE:SIGACHI) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
Mar 17There's Reason For Concern Over Sigachi Industries Limited's (NSE:SIGACHI) Massive 44% Price Jump
Jan 21Sigachi Industries' (NSE:SIGACHI) Solid Earnings May Rest On Weak Foundations
May 21Sigachi Industries Limited's (NSE:SIGACHI) 25% Share Price Plunge Could Signal Some Risk
Mar 08Financial Position Analysis
Short Term Liabilities: SIGACHI's short term assets (₹3.6B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: SIGACHI's short term assets (₹3.6B) exceed its long term liabilities (₹759.5M).
Debt to Equity History and Analysis
Debt Level: SIGACHI's net debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: SIGACHI's debt to equity ratio has reduced from 50.8% to 29.5% over the past 5 years.
Debt Coverage: SIGACHI's debt is not well covered by operating cash flow (0.7%).
Interest Coverage: SIGACHI's interest payments on its debt are well covered by EBIT (19.3x coverage).