Sumit Woods Balance Sheet Health
Financial Health criteria checks 3/6
Sumit Woods has a total shareholder equity of ₹1.0B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 118.5%. Its total assets and total liabilities are ₹2.7B and ₹1.7B respectively. Sumit Woods's EBIT is ₹298.2M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹40.8M.
Key information
118.5%
Debt to equity ratio
₹1.19b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹40.78m |
| Equity | ₹1.01b |
| Total liabilities | ₹1.68b |
| Total assets | ₹2.68b |
Recent financial health updates
Is Sumit Woods (NSE:SUMIT) A Risky Investment?
Sep 04
Here's Why Sumit Woods (NSE:SUMIT) Has A Meaningful Debt Burden
Jan 08These 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
There's Reason For Concern Over Sumit Woods Limited's (NSE:SUMIT) Massive 64% Price Jump
Sep 05Is Sumit Woods (NSE:SUMIT) A Risky Investment?
Sep 04Here's Why We Think Sumit Woods (NSE:SUMIT) Might Deserve Your Attention Today
Aug 13There's No Escaping Sumit Woods Limited's (NSE:SUMIT) Muted Earnings Despite A 27% Share Price Rise
Jul 05Sumit Woods (NSE:SUMIT) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Jun 09Sumit 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 (₹636.2M).
Long Term Liabilities: SUMIT's short term assets (₹2.3B) exceed its long term liabilities (₹1.0B).
Debt to Equity History and Analysis
Debt Level: SUMIT's net debt to equity ratio (114.4%) is considered high.
Reducing Debt: SUMIT's debt to equity ratio has increased from 50.8% to 118.5% over the past 5 years.
Debt Coverage: SUMIT's debt is well covered by operating cash flow (30.1%).
Interest Coverage: SUMIT's interest payments on its debt are not well covered by EBIT (1.8x coverage).