Saraswati Saree Depot Balance Sheet Health
Financial Health criteria checks 3/6
Saraswati Saree Depot has a total shareholder equity of ₹649.1M and total debt of ₹434.9M, which brings its debt-to-equity ratio to 67%. Its total assets and total liabilities are ₹2.1B and ₹1.4B respectively. Saraswati Saree Depot's EBIT is ₹418.7M making its interest coverage ratio 36.3. It has cash and short-term investments of ₹98.7M.
Key information
67.0%
Debt to equity ratio
₹434.89m
Debt
| Interest coverage ratio | 36.3x |
| Cash | ₹98.68m |
| Equity | ₹649.09m |
| Total liabilities | ₹1.41b |
| Total assets | ₹2.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544230's short term assets (₹2.0B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: 544230's short term assets (₹2.0B) exceed its long term liabilities (₹10.0K).
Debt to Equity History and Analysis
Debt Level: 544230's net debt to equity ratio (51.8%) is considered high.
Reducing Debt: Insufficient data to determine if 544230's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544230's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544230's interest payments on its debt are well covered by EBIT (36.3x coverage).