Surana Solar Balance Sheet Health
Financial Health criteria checks 6/6
Surana Solar has a total shareholder equity of ₹561.7M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹588.7M and ₹27.0M respectively. Surana Solar's EBIT is ₹3.0M making its interest coverage ratio 4. It has cash and short-term investments of ₹84.4M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 4x |
| Cash | ₹84.36m |
| Equity | ₹561.68m |
| Total liabilities | ₹26.98m |
| Total assets | ₹588.66m |
Recent financial health updates
These 4 Measures Indicate That Surana Solar (NSE:SURANASOL) Is Using Debt Reasonably Well
Mar 22
Here's Why Surana Solar (NSE:SURANASOL) Can Manage Its Debt Responsibly
Nov 27Recent updates
These 4 Measures Indicate That Surana Solar (NSE:SURANASOL) Is Using Debt Reasonably Well
Mar 22Here's Why Surana Solar (NSE:SURANASOL) Can Manage Its Debt Responsibly
Nov 27A Look At The Intrinsic Value Of Surana Solar Limited (NSE:SURANASOL)
Jul 20Calculating The Intrinsic Value Of Surana Solar Limited (NSE:SURANASOL)
Feb 15Can Mixed Fundamentals Have A Negative Impact on Surana Solar Limited (NSE:SURANASOL) Current Share Price Momentum?
Jan 07How Is Surana Solar's (NSE:SURANASOL) CEO Paid Relative To Peers?
Dec 03Trade Alert: Shresha Surana At Surana Solar Limited (NSE:SURANASOL), Has Just Spent ₹1.3m Buying 51% More Shares
Sep 30How Much Is Surana Solar Limited (NSE:SURANASOL) Paying Its CEO?
Sep 04
Don't Ignore The Fact That This Insider Just Sold Some Shares In Surana Solar Limited (NSE:SURANASOL)
Jul 05Financial Position Analysis
Short Term Liabilities: SURANASOL's short term assets (₹349.9M) exceed its short term liabilities (₹23.4M).
Long Term Liabilities: SURANASOL's short term assets (₹349.9M) exceed its long term liabilities (₹3.6M).
Debt to Equity History and Analysis
Debt Level: SURANASOL is debt free.
Reducing Debt: SURANASOL has no debt compared to 5 years ago when its debt to equity ratio was 42.1%.
Debt Coverage: SURANASOL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SURANASOL has no debt, therefore coverage of interest payments is not a concern.