Saksoft Balance Sheet Health
Financial Health criteria checks 6/6
Saksoft has a total shareholder equity of ₹4.5B and total debt of ₹121.2M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are ₹7.0B and ₹2.4B respectively. Saksoft's EBIT is ₹1.2B making its interest coverage ratio 229.3. It has cash and short-term investments of ₹1.3B.
Key information
2.7%
Debt to equity ratio
₹121.19m
Debt
Interest coverage ratio | 229.3x |
Cash | ₹1.32b |
Equity | ₹4.54b |
Total liabilities | ₹2.44b |
Total assets | ₹6.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 590051's short term assets (₹3.3B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: 590051's short term assets (₹3.3B) exceed its long term liabilities (₹630.3M).
Debt to Equity History and Analysis
Debt Level: 590051 has more cash than its total debt.
Reducing Debt: 590051's debt to equity ratio has reduced from 29.4% to 2.7% over the past 5 years.
Debt Coverage: 590051's debt is well covered by operating cash flow (737.1%).
Interest Coverage: 590051's interest payments on its debt are well covered by EBIT (229.3x coverage).