Sasken Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Sasken Technologies has a total shareholder equity of ₹7.5B and total debt of ₹35.1M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ₹8.4B and ₹927.2M respectively. Sasken Technologies's EBIT is ₹355.3M making its interest coverage ratio -5.7. It has cash and short-term investments of ₹854.6M.
Key information
0.5%
Debt to equity ratio
₹35.11m
Debt
Interest coverage ratio | -5.7x |
Cash | ₹854.58m |
Equity | ₹7.51b |
Total liabilities | ₹927.15m |
Total assets | ₹8.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532663's short term assets (₹2.0B) exceed its short term liabilities (₹835.6M).
Long Term Liabilities: 532663's short term assets (₹2.0B) exceed its long term liabilities (₹91.5M).
Debt to Equity History and Analysis
Debt Level: 532663 has more cash than its total debt.
Reducing Debt: 532663's debt to equity ratio has increased from 0% to 0.5% over the past 5 years.
Debt Coverage: 532663's debt is well covered by operating cash flow (1677.5%).
Interest Coverage: 532663 earns more interest than it pays, so coverage of interest payments is not a concern.