Suraj Estate Developers Balance Sheet Health
Financial Health criteria checks 3/6
Suraj Estate Developers has a total shareholder equity of ₹5.2B and total debt of ₹4.3B, which brings its debt-to-equity ratio to 82.5%. Its total assets and total liabilities are ₹12.9B and ₹7.7B respectively. Suraj Estate Developers's EBIT is ₹2.3B making its interest coverage ratio 1.7. It has cash and short-term investments of ₹1.1B.
Key information
82.5%
Debt to equity ratio
₹4.26b
Debt
Interest coverage ratio | 1.7x |
Cash | ₹1.12b |
Equity | ₹5.16b |
Total liabilities | ₹7.74b |
Total assets | ₹12.90b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SURAJEST's short term assets (₹12.4B) exceed its short term liabilities (₹5.2B).
Long Term Liabilities: SURAJEST's short term assets (₹12.4B) exceed its long term liabilities (₹2.5B).
Debt to Equity History and Analysis
Debt Level: SURAJEST's net debt to equity ratio (60.8%) is considered high.
Reducing Debt: SURAJEST's debt to equity ratio has reduced from 1694.2% to 82.5% over the past 5 years.
Debt Coverage: SURAJEST's debt is not well covered by operating cash flow (2.1%).
Interest Coverage: SURAJEST's interest payments on its debt are not well covered by EBIT (1.7x coverage).