Saraswati Saree Depot Balance Sheet Health
Financial Health criteria checks 6/6
Saraswati Saree Depot has a total shareholder equity of ₹1.8B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹3.3B and ₹1.4B respectively. Saraswati Saree Depot's EBIT is ₹430.1M making its interest coverage ratio 46.6. It has cash and short-term investments of ₹426.9M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 46.6x |
| Cash | ₹426.94m |
| Equity | ₹1.84b |
| Total liabilities | ₹1.41b |
| Total assets | ₹3.25b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SSDL's short term assets (₹3.2B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: SSDL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SSDL is debt free.
Reducing Debt: SSDL had no debt 5 years ago.
Debt Coverage: SSDL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SSDL has no debt, therefore coverage of interest payments is not a concern.