Sobha Balance Sheet Health
Financial Health criteria checks 4/6
Sobha has a total shareholder equity of ₹24.9B and total debt of ₹20.2B, which brings its debt-to-equity ratio to 81.2%. Its total assets and total liabilities are ₹130.9B and ₹105.9B respectively. Sobha's EBIT is ₹2.6B making its interest coverage ratio 1.3. It has cash and short-term investments of ₹6.5B.
Key information
81.2%
Debt to equity ratio
₹20.23b
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₹6.47b |
| Equity | ₹24.92b |
| Total liabilities | ₹105.94b |
| Total assets | ₹130.85b |
Recent financial health updates
We Think Sobha (NSE:SOBHA) Is Taking Some Risk With Its Debt
Mar 12
Does Sobha (NSE:SOBHA) Have A Healthy Balance Sheet?
Dec 03Is Sobha (NSE:SOBHA) A Risky Investment?
May 05Does Sobha (NSE:SOBHA) Have A Healthy Balance Sheet?
Nov 01Is Sobha (NSE:SOBHA) Using Too Much Debt?
Jun 28These 4 Measures Indicate That Sobha (NSE:SOBHA) Is Using Debt In A Risky Way
Mar 02Recent updates
Sobha Limited's (NSE:SOBHA) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Apr 13We Think Sobha (NSE:SOBHA) Is Taking Some Risk With Its Debt
Mar 12Improved Revenues Required Before Sobha Limited (NSE:SOBHA) Stock's 26% Jump Looks Justified
Jan 09Does Sobha (NSE:SOBHA) Have A Healthy Balance Sheet?
Dec 03Sobha (NSE:SOBHA) Has Affirmed Its Dividend Of ₹3.00
Jul 20Sobha (NSE:SOBHA) Is Paying Out A Dividend Of ₹3.00
Jul 06Is There Now An Opportunity In Sobha Limited (NSE:SOBHA)?
Sep 17Sobha (NSE:SOBHA) Will Pay A Smaller Dividend Than Last Year
Jul 21Should You Investigate Sobha Limited (NSE:SOBHA) At ₹499?
Jun 17Estimating The Intrinsic Value Of Sobha Limited (NSE:SOBHA)
May 28Is Sobha (NSE:SOBHA) A Risky Investment?
May 05A Look At The Intrinsic Value Of Sobha Limited (NSE:SOBHA)
Feb 15Is It Time To Consider Buying Sobha Limited (NSE:SOBHA)?
Dec 25Does Sobha (NSE:SOBHA) Have A Healthy Balance Sheet?
Nov 01At ₹612, Is It Time To Put Sobha Limited (NSE:SOBHA) On Your Watch List?
Aug 30Sobha's (NSE:SOBHA) Dividend Is Being Reduced To ₹3.50
Jul 16Investors Can Find Comfort In Sobha's (NSE:SOBHA) Earnings Quality
Jun 29Is Sobha (NSE:SOBHA) Using Too Much Debt?
Jun 28Should Sobha Limited (NSE:SOBHA) Be Part Of Your Dividend Portfolio?
Apr 14Calculating The Fair Value Of Sobha Limited (NSE:SOBHA)
Mar 16These 4 Measures Indicate That Sobha (NSE:SOBHA) Is Using Debt In A Risky Way
Mar 02Should You Think About Buying Sobha Limited (NSE:SOBHA) Now?
Feb 15Boasting A 6.1% Return On Equity, Is Sobha Limited (NSE:SOBHA) A Top Quality Stock?
Jan 31Our Take On Sobha's (NSE:SOBHA) CEO Salary
Jan 18Is Sobha Limited (NSE:SOBHA) A Smart Choice For Dividend Investors?
Jan 04
If You Had Bought Sobha's (NSE:SOBHA) Shares Three Years Ago You Would Be Down 45%
Dec 21Financial Position Analysis
Short Term Liabilities: SOBHA's short term assets (₹109.7B) exceed its short term liabilities (₹98.1B).
Long Term Liabilities: SOBHA's short term assets (₹109.7B) exceed its long term liabilities (₹7.9B).
Debt to Equity History and Analysis
Debt Level: SOBHA's net debt to equity ratio (55.2%) is considered high.
Reducing Debt: SOBHA's debt to equity ratio has reduced from 115.1% to 81.2% over the past 5 years.
Debt Coverage: SOBHA's debt is well covered by operating cash flow (43.5%).
Interest Coverage: SOBHA's interest payments on its debt are not well covered by EBIT (1.3x coverage).