Sumit Woods Balance Sheet Health
Financial Health criteria checks 2/6
Sumit Woods has a total shareholder equity of ₹910.6M and total debt of ₹1.4B, which brings its debt-to-equity ratio to 153.5%. Its total assets and total liabilities are ₹2.7B and ₹1.8B respectively. Sumit Woods's EBIT is ₹252.1M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹93.1M.
Key information
153.5%
Debt to equity ratio
₹1.40b
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₹93.09m |
| Equity | ₹910.64m |
| Total liabilities | ₹1.82b |
| Total assets | ₹2.73b |
Recent financial health updates
Here's Why Sumit Woods (NSE:SUMIT) Has A Meaningful Debt Burden
Jan 08
These 4 Measures Indicate That Sumit Woods (NSE:SUMIT) Is Using Debt In A Risky Way
Mar 30Is Sumit Woods (NSE:SUMIT) Using Too Much Debt?
Dec 14Is Sumit Woods (NSE:SUMIT) Using Debt In A Risky Way?
Jul 13Is Sumit Woods (NSE:SUMIT) Weighed On By Its Debt Load?
Dec 07
Recent updates
Sumit Woods Limited (NSE:SUMIT) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected
Apr 10Does Sumit Woods (NSE:SUMIT) Deserve A Spot On Your Watchlist?
Feb 09Here's Why Sumit Woods (NSE:SUMIT) Has A Meaningful Debt Burden
Jan 08Sumit Woods Limited's (NSE:SUMIT) Share Price Boosted 42% But Its Business Prospects Need A Lift Too
Dec 18Calculating The Fair Value Of Sumit Woods Limited (NSE:SUMIT)
Dec 07With EPS Growth And More, Sumit Woods (NSE:SUMIT) Makes An Interesting Case
Oct 10These 4 Measures Indicate That Sumit Woods (NSE:SUMIT) Is Using Debt In A Risky Way
Mar 30Is Sumit Woods (NSE:SUMIT) Using Too Much Debt?
Dec 14Is Sumit Woods (NSE:SUMIT) Using Debt In A Risky Way?
Jul 13Is Sumit Woods (NSE:SUMIT) Weighed On By Its Debt Load?
Dec 07Financial Position Analysis
Short Term Liabilities: SUMIT's short term assets (₹2.3B) exceed its short term liabilities (₹552.2M).
Long Term Liabilities: SUMIT's short term assets (₹2.3B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: SUMIT's net debt to equity ratio (143.3%) is considered high.
Reducing Debt: SUMIT's debt to equity ratio has increased from 36.6% to 153.5% over the past 5 years.
Debt Coverage: SUMIT's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: SUMIT's interest payments on its debt are not well covered by EBIT (1.6x coverage).