Solara Active Pharma Sciences Balance Sheet Health
Financial Health criteria checks 1/6
Solara Active Pharma Sciences has a total shareholder equity of ₹9.4B and total debt of ₹10.0B, which brings its debt-to-equity ratio to 106.7%. Its total assets and total liabilities are ₹23.5B and ₹14.1B respectively.
Key information
106.7%
Debt to equity ratio
₹9.99b
Debt
Interest coverage ratio | n/a |
Cash | ₹86.00m |
Equity | ₹9.37b |
Total liabilities | ₹14.14b |
Total assets | ₹23.51b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: SOLARAPP's short term assets (₹8.0B) do not cover its short term liabilities (₹12.4B).
Long Term Liabilities: SOLARAPP's short term assets (₹8.0B) exceed its long term liabilities (₹1.7B).
Debt to Equity History and Analysis
Debt Level: SOLARAPP's net debt to equity ratio (105.8%) is considered high.
Reducing Debt: SOLARAPP's debt to equity ratio has increased from 55.6% to 106.7% over the past 5 years.
Debt Coverage: SOLARAPP's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: Insufficient data to determine if SOLARAPP's interest payments on its debt are well covered by EBIT.