Sobha Balance Sheet Health
Financial Health criteria checks 4/6
Sobha has a total shareholder equity of ₹25.1B and total debt of ₹19.1B, which brings its debt-to-equity ratio to 76.1%. Its total assets and total liabilities are ₹137.0B and ₹111.8B respectively. Sobha's EBIT is ₹2.0B making its interest coverage ratio 0.8. It has cash and short-term investments of ₹6.7B.
Key information
76.1%
Debt to equity ratio
₹19.14b
Debt
Interest coverage ratio | 0.8x |
Cash | ₹6.73b |
Equity | ₹25.14b |
Total liabilities | ₹111.82b |
Total assets | ₹136.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532784's short term assets (₹112.4B) exceed its short term liabilities (₹104.1B).
Long Term Liabilities: 532784's short term assets (₹112.4B) exceed its long term liabilities (₹7.8B).
Debt to Equity History and Analysis
Debt Level: 532784's net debt to equity ratio (49.3%) is considered high.
Reducing Debt: 532784's debt to equity ratio has reduced from 127.7% to 76.1% over the past 5 years.
Debt Coverage: 532784's debt is well covered by operating cash flow (33.8%).
Interest Coverage: 532784's interest payments on its debt are not well covered by EBIT (0.8x coverage).