SoftTech Engineers Balance Sheet Health
Financial Health criteria checks 4/6
SoftTech Engineers has a total shareholder equity of ₹1.2B and total debt of ₹436.0M, which brings its debt-to-equity ratio to 35.5%. Its total assets and total liabilities are ₹1.8B and ₹607.3M respectively. SoftTech Engineers's EBIT is ₹78.4M making its interest coverage ratio 2. It has cash and short-term investments of ₹193.5M.
Key information
35.5%
Debt to equity ratio
₹435.96m
Debt
Interest coverage ratio | 2x |
Cash | ₹193.46m |
Equity | ₹1.23b |
Total liabilities | ₹607.26m |
Total assets | ₹1.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543470's short term assets (₹1.1B) exceed its short term liabilities (₹478.4M).
Long Term Liabilities: 543470's short term assets (₹1.1B) exceed its long term liabilities (₹128.9M).
Debt to Equity History and Analysis
Debt Level: 543470's net debt to equity ratio (19.7%) is considered satisfactory.
Reducing Debt: 543470's debt to equity ratio has increased from 26% to 35.5% over the past 5 years.
Debt Coverage: 543470's debt is well covered by operating cash flow (23.9%).
Interest Coverage: 543470's interest payments on its debt are not well covered by EBIT (2x coverage).