Sreeleathers Balance Sheet Health
Financial Health criteria checks 5/6
Sreeleathers has a total shareholder equity of ₹4.0B and total debt of ₹30.5M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ₹4.2B and ₹240.3M respectively. Sreeleathers's EBIT is ₹389.5M making its interest coverage ratio 167.3. It has cash and short-term investments of ₹107.4M.
Key information
0.8%
Debt to equity ratio
₹30.46m
Debt
| Interest coverage ratio | 167.3x |
| Cash | ₹107.41m |
| Equity | ₹3.97b |
| Total liabilities | ₹240.26m |
| Total assets | ₹4.21b |
Recent financial health updates
No updates
Recent updates
Potential Upside For Sreeleathers Limited (NSE:SREEL) Not Without Risk
Apr 05
Sreeleathers (NSE:SREEL) Might Be Having Difficulty Using Its Capital Effectively
Feb 14Sreeleathers Limited's (NSE:SREEL) Shares Leap 26% Yet They're Still Not Telling The Full Story
Dec 23Should You Be Adding Sreeleathers (NSE:SREEL) To Your Watchlist Today?
Dec 16Sreeleathers (NSE:SREEL) Will Want To Turn Around Its Return Trends
Nov 09A Look At The Fair Value Of Sreeleathers Limited (NSE:SREEL)
Apr 21Returns At Sreeleathers (NSE:SREEL) Appear To Be Weighed Down
Dec 10Sreeleathers (NSE:SREEL) Might Be Having Difficulty Using Its Capital Effectively
Aug 31Capital Allocation Trends At Sreeleathers (NSE:SREEL) Aren't Ideal
May 12Did Sreeleathers Limited (NSE:SREEL) Insiders Buy Up More Shares?
Feb 22Should You Be Impressed By Sreeleathers' (NSE:SREEL) Returns on Capital?
Jan 25Is Sreeleathers Limited's (NSE:SREEL) Stock's Recent Performance A Reflection Of Its Financial Health?
Dec 29Sreeleathers' (NSE:SREEL) Stock Price Has Reduced 15% In The Past Year
Dec 02Have Insiders Been Buying Sreeleathers Limited (NSE:SREEL) Shares?
Nov 10
Is There More Growth In Store For Sreeleathers' (NSE:SREEL) Returns On Capital?
Oct 21Could The Market Be Wrong About Sreeleathers Limited (NSE:SREEL) Given Its Attractive Financial Prospects?
Sep 29A Look At The Fair Value Of Sreeleathers Limited (NSE:SREEL)
Sep 08Financial Position Analysis
Short Term Liabilities: SREEL's short term assets (₹279.7M) exceed its short term liabilities (₹151.9M).
Long Term Liabilities: SREEL's short term assets (₹279.7M) exceed its long term liabilities (₹88.4M).
Debt to Equity History and Analysis
Debt Level: SREEL has more cash than its total debt.
Reducing Debt: SREEL's debt to equity ratio has increased from 0.4% to 0.8% over the past 5 years.
Debt Coverage: SREEL's debt is well covered by operating cash flow (875.1%).
Interest Coverage: SREEL's interest payments on its debt are well covered by EBIT (167.3x coverage).