Sobha Balance Sheet Health
Financial Health criteria checks 5/6
Sobha has a total shareholder equity of ₹35.1B and total debt of ₹15.2B, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are ₹162.3B and ₹127.2B respectively. Sobha's EBIT is ₹1.9B making its interest coverage ratio 1.4. It has cash and short-term investments of ₹13.0B.
Key information
43.4%
Debt to equity ratio
₹15.21b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₹13.00b |
| Equity | ₹35.06b |
| Total liabilities | ₹127.22b |
| Total assets | ₹162.28b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOBHAPP's short term assets (₹137.2B) exceed its short term liabilities (₹117.4B).
Long Term Liabilities: SOBHAPP's short term assets (₹137.2B) exceed its long term liabilities (₹9.8B).
Debt to Equity History and Analysis
Debt Level: SOBHAPP's net debt to equity ratio (6.3%) is considered satisfactory.
Reducing Debt: SOBHAPP's debt to equity ratio has reduced from 128.7% to 43.4% over the past 5 years.
Debt Coverage: SOBHAPP's debt is well covered by operating cash flow (29.6%).
Interest Coverage: SOBHAPP's interest payments on its debt are not well covered by EBIT (1.4x coverage).