Suratwwala Business Group Balance Sheet Health
Financial Health criteria checks 4/6
Suratwwala Business Group has a total shareholder equity of ₹366.8M and total debt of ₹392.6M, which brings its debt-to-equity ratio to 107%. Its total assets and total liabilities are ₹1.3B and ₹906.6M respectively. Suratwwala Business Group's EBIT is ₹295.4M making its interest coverage ratio 19.1. It has cash and short-term investments of ₹75.4M.
Key information
107.0%
Debt to equity ratio
₹392.58m
Debt
Interest coverage ratio | 19.1x |
Cash | ₹75.38m |
Equity | ₹366.84m |
Total liabilities | ₹906.63m |
Total assets | ₹1.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543218's short term assets (₹1.1B) exceed its short term liabilities (₹901.8M).
Long Term Liabilities: 543218's short term assets (₹1.1B) exceed its long term liabilities (₹4.8M).
Debt to Equity History and Analysis
Debt Level: 543218's net debt to equity ratio (86.5%) is considered high.
Reducing Debt: 543218's debt to equity ratio has reduced from 135.3% to 107% over the past 5 years.
Debt Coverage: 543218's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: 543218's interest payments on its debt are well covered by EBIT (19.1x coverage).