Yarn Syndicate Balance Sheet Health
Financial Health criteria checks 3/6
Yarn Syndicate has a total shareholder equity of ₹357.1M and total debt of ₹193.4M, which brings its debt-to-equity ratio to 54.2%. Its total assets and total liabilities are ₹1.4B and ₹1.1B respectively. Yarn Syndicate's EBIT is ₹6.9M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹27.0M.
Key information
54.2%
Debt to equity ratio
₹193.40m
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₹27.02m |
| Equity | ₹357.11m |
| Total liabilities | ₹1.09b |
| Total assets | ₹1.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514378's short term assets (₹1.1B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: 514378's short term assets (₹1.1B) exceed its long term liabilities (₹81.2M).
Debt to Equity History and Analysis
Debt Level: 514378's net debt to equity ratio (46.6%) is considered high.
Reducing Debt: 514378's debt to equity ratio has reduced from 77.3% to 54.2% over the past 5 years.
Debt Coverage: 514378's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 514378's interest payments on its debt are not well covered by EBIT (1.6x coverage).