Saksoft Balance Sheet Health
Financial Health criteria checks 6/6
Saksoft has a total shareholder equity of ₹5.7B and total debt of ₹364.9M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are ₹8.8B and ₹3.2B respectively. Saksoft's EBIT is ₹1.3B making its interest coverage ratio -74.5. It has cash and short-term investments of ₹1.9B.
Key information
6.4%
Debt to equity ratio
₹364.94m
Debt
| Interest coverage ratio | -74.5x |
| Cash | ₹1.88b |
| Equity | ₹5.67b |
| Total liabilities | ₹3.16b |
| Total assets | ₹8.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 590051's short term assets (₹4.2B) exceed its short term liabilities (₹2.2B).
Long Term Liabilities: 590051's short term assets (₹4.2B) exceed its long term liabilities (₹965.6M).
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 20% to 6.4% over the past 5 years.
Debt Coverage: 590051's debt is well covered by operating cash flow (281.4%).
Interest Coverage: 590051 earns more interest than it pays, so coverage of interest payments is not a concern.