SMS Lifesciences India Balance Sheet Health
Financial Health criteria checks 3/6
SMS Lifesciences India has a total shareholder equity of ₹1.9B and total debt of ₹977.1M, which brings its debt-to-equity ratio to 50.5%. Its total assets and total liabilities are ₹3.9B and ₹2.0B respectively. SMS Lifesciences India's EBIT is ₹161.8M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹14.9M.
Key information
50.5%
Debt to equity ratio
₹977.11m
Debt
Interest coverage ratio | 1.6x |
Cash | ₹14.93m |
Equity | ₹1.94b |
Total liabilities | ₹1.97b |
Total assets | ₹3.91b |
Recent financial health updates
SMS Lifesciences India (NSE:SMSLIFE) Use Of Debt Could Be Considered Risky
Feb 10SMS 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 Limited (NSE:SMSLIFE) Stock Catapults 27% Though Its Price And Business Still Lag The Market
Jun 13SMS 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 (₹1.6B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: SMSLIFE's short term assets (₹1.6B) exceed its long term liabilities (₹523.2M).
Debt to Equity History and Analysis
Debt Level: SMSLIFE's net debt to equity ratio (49.7%) is considered high.
Reducing Debt: SMSLIFE's debt to equity ratio has increased from 43.9% to 50.5% over the past 5 years.
Debt Coverage: SMSLIFE's debt is well covered by operating cash flow (24.9%).
Interest Coverage: SMSLIFE's interest payments on its debt are not well covered by EBIT (1.6x coverage).