SMS Lifesciences India Balance Sheet Health
Financial Health criteria checks 2/6
SMS Lifesciences India has a total shareholder equity of ₹1.8B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are ₹3.8B and ₹2.0B respectively. SMS Lifesciences India's EBIT is ₹79.2M making its interest coverage ratio 0.9. It has cash and short-term investments of ₹19.6M.
Key information
58.0%
Debt to equity ratio
₹1.06b
Debt
| Interest coverage ratio | 0.9x |
| Cash | ₹19.56m |
| Equity | ₹1.84b |
| Total liabilities | ₹1.99b |
| Total assets | ₹3.83b |
Recent financial health updates
SMS Lifesciences India (NSE:SMSLIFE) Use Of Debt Could Be Considered Risky
Feb 10
SMS Lifesciences India (NSE:SMSLIFE) Takes On Some Risk With Its Use Of Debt
Jun 03Is SMS Lifesciences India (NSE:SMSLIFE) Using Too Much Debt?
Feb 22Does SMS Lifesciences India (NSE:SMSLIFE) Have A Healthy Balance Sheet?
Nov 24Recent updates
SMS Lifesciences India (NSE:SMSLIFE) Use Of Debt Could Be Considered Risky
Feb 10There's Reason For Concern Over SMS Lifesciences India Limited's (NSE:SMSLIFE) Massive 30% Price Jump
Jan 05Should Shareholders Reconsider SMS Lifesciences India Limited's (NSE:SMSLIFE) CEO Compensation Package?
Sep 23SMS Lifesciences India (NSE:SMSLIFE) Is Paying Out A Dividend Of ₹1.50
Sep 07SMS Lifesciences India (NSE:SMSLIFE) Has Affirmed Its Dividend Of ₹1.50
Aug 24SMS Lifesciences India (NSE:SMSLIFE) Will Pay A Dividend Of ₹1.50
Sep 16SMS Lifesciences India (NSE:SMSLIFE) Will Pay A Dividend Of ₹1.50
Sep 02SMS Lifesciences India (NSE:SMSLIFE) Takes On Some Risk With Its Use Of Debt
Jun 03With EPS Growth And More, SMS Lifesciences India (NSE:SMSLIFE) Is Interesting
May 13SMS Lifesciences India's (NSE:SMSLIFE) Solid Profits Have Weak Fundamentals
Nov 23Is Now The Time To Put SMS Lifesciences India (NSE:SMSLIFE) On Your Watchlist?
Jun 21Is SMS Lifesciences India (NSE:SMSLIFE) Using Too Much Debt?
Feb 22SMS Lifesciences India Limited's (NSE:SMSLIFE) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Jan 04Insider Buying: The SMS Lifesciences India Limited (NSE:SMSLIFE) MD & Executive Director Just Bought 19% More Shares
Nov 27Does SMS Lifesciences India (NSE:SMSLIFE) Have A Healthy Balance Sheet?
Nov 24Financial Position Analysis
Short Term Liabilities: SMSLIFE's short term assets (₹1.5B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: SMSLIFE's short term assets (₹1.5B) exceed its long term liabilities (₹639.4M).
Debt to Equity History and Analysis
Debt Level: SMSLIFE's net debt to equity ratio (56.9%) is considered high.
Reducing Debt: SMSLIFE's debt to equity ratio has increased from 26.7% to 58% over the past 5 years.
Debt Coverage: SMSLIFE's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: SMSLIFE's interest payments on its debt are not well covered by EBIT (0.9x coverage).