Sigma Solve Balance Sheet Health
Financial Health criteria checks 6/6
Sigma Solve has a total shareholder equity of ₹302.2M and total debt of ₹48.4M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are ₹400.0M and ₹97.8M respectively. Sigma Solve's EBIT is ₹208.2M making its interest coverage ratio -35.9. It has cash and short-term investments of ₹81.5M.
Key information
16.0%
Debt to equity ratio
₹48.37m
Debt
| Interest coverage ratio | -35.9x |
| Cash | ₹81.46m |
| Equity | ₹302.18m |
| Total liabilities | ₹97.84m |
| Total assets | ₹400.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543917's short term assets (₹231.2M) exceed its short term liabilities (₹61.8M).
Long Term Liabilities: 543917's short term assets (₹231.2M) exceed its long term liabilities (₹36.0M).
Debt to Equity History and Analysis
Debt Level: 543917 has more cash than its total debt.
Reducing Debt: 543917's debt to equity ratio has reduced from 44.2% to 16% over the past 5 years.
Debt Coverage: 543917's debt is well covered by operating cash flow (152.9%).
Interest Coverage: 543917 earns more interest than it pays, so coverage of interest payments is not a concern.