Suratwwala Business Group Balance Sheet Health
Financial Health criteria checks 6/6
Suratwwala Business Group has a total shareholder equity of ₹634.5M and total debt of ₹210.4M, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are ₹1.3B and ₹676.6M respectively. Suratwwala Business Group's EBIT is ₹252.7M making its interest coverage ratio -64.4. It has cash and short-term investments of ₹40.5M.
Key information
33.2%
Debt to equity ratio
₹210.38m
Debt
| Interest coverage ratio | -64.4x |
| Cash | ₹40.53m |
| Equity | ₹634.46m |
| Total liabilities | ₹676.61m |
| Total assets | ₹1.31b |
Recent financial health updates
Recent updates
Suratwwala Business Group's (NSE:SBGLP) Solid Profits Have Weak Fundamentals
Jun 01
After Leaping 31% Suratwwala Business Group Limited (NSE:SBGLP) Shares Are Not Flying Under The Radar
May 28After Leaping 28% Suratwwala Business Group Limited (NSE:SBGLP) Shares Are Not Flying Under The Radar
Apr 13Does Suratwwala Business Group (NSE:SBGLP) Have A Healthy Balance Sheet?
Feb 03Further Upside For Suratwwala Business Group Limited (NSE:SBGLP) Shares Could Introduce Price Risks After 29% Bounce
Aug 12Financial Position Analysis
Short Term Liabilities: SBGLP's short term assets (₹1.3B) exceed its short term liabilities (₹667.4M).
Long Term Liabilities: SBGLP's short term assets (₹1.3B) exceed its long term liabilities (₹9.2M).
Debt to Equity History and Analysis
Debt Level: SBGLP's net debt to equity ratio (26.8%) is considered satisfactory.
Reducing Debt: SBGLP's debt to equity ratio has reduced from 168% to 33.2% over the past 5 years.
Debt Coverage: SBGLP's debt is well covered by operating cash flow (70.8%).
Interest Coverage: SBGLP earns more interest than it pays, so coverage of interest payments is not a concern.