SoftTech Engineers Balance Sheet Health
Financial Health criteria checks 4/6
SoftTech Engineers has a total shareholder equity of ₹1.3B and total debt of ₹385.0M, which brings its debt-to-equity ratio to 30.8%. Its total assets and total liabilities are ₹2.0B and ₹699.4M respectively. SoftTech Engineers's EBIT is ₹84.3M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹112.1M.
Key information
30.8%
Debt to equity ratio
₹385.04m
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹112.13m |
| Equity | ₹1.25b |
| Total liabilities | ₹699.43m |
| Total assets | ₹1.95b |
Recent financial health updates
SoftTech Engineers (NSE:SOFTTECH) Has A Pretty Healthy Balance Sheet
Jan 13
SoftTech Engineers (NSE:SOFTTECH) Has A Pretty Healthy Balance Sheet
Sep 06Does SoftTech Engineers (NSE:SOFTTECH) Have A Healthy Balance Sheet?
May 30Does SoftTech Engineers (NSE:SOFTTECH) Have A Healthy Balance Sheet?
Jan 11SoftTech Engineers (NSE:SOFTTECH) Has A Pretty Healthy Balance Sheet
Jun 10We Think SoftTech Engineers (NSE:SOFTTECH) Is Taking Some Risk With Its Debt
Mar 02Recent updates
SoftTech Engineers (NSE:SOFTTECH) Might Be Having Difficulty Using Its Capital Effectively
Apr 04SoftTech Engineers (NSE:SOFTTECH) Has A Pretty Healthy Balance Sheet
Jan 13Here's What's Concerning About SoftTech Engineers' (NSE:SOFTTECH) Returns On Capital
Dec 08Shareholders May Not Be So Generous With SoftTech Engineers Limited's (NSE:SOFTTECH) CEO Compensation And Here's Why
Sep 22SoftTech Engineers (NSE:SOFTTECH) Has A Pretty Healthy Balance Sheet
Sep 06Does SoftTech Engineers (NSE:SOFTTECH) Have A Healthy Balance Sheet?
May 30There Are Reasons To Feel Uneasy About SoftTech Engineers' (NSE:SOFTTECH) Returns On Capital
Apr 01Does SoftTech Engineers (NSE:SOFTTECH) Have A Healthy Balance Sheet?
Jan 11SoftTech Engineers (NSE:SOFTTECH) Will Be Hoping To Turn Its Returns On Capital Around
Jul 30SoftTech Engineers (NSE:SOFTTECH) Has A Pretty Healthy Balance Sheet
Jun 10SoftTech Engineers (NSE:SOFTTECH) May Have Issues Allocating Its Capital
Apr 12We Think SoftTech Engineers (NSE:SOFTTECH) Is Taking Some Risk With Its Debt
Mar 02Here's What's Concerning About SoftTech Engineers' (NSE:SOFTTECH) Returns On Capital
Sep 14Returns On Capital Signal Tricky Times Ahead For SoftTech Engineers (NSE:SOFTTECH)
May 12These 4 Measures Indicate That SoftTech Engineers (NSE:SOFTTECH) Is Using Debt Reasonably Well
Mar 22SoftTech Engineers Limited (NSE:SOFTTECH) On An Uptrend: Could Fundamentals Be Driving The Stock?
Feb 22Have Insiders Been Buying SoftTech Engineers Limited (NSE:SOFTTECH) Shares?
Jan 31
The Returns At SoftTech Engineers (NSE:SOFTTECH) Provide Us With Signs Of What's To Come
Jan 11Here's Why SoftTech Engineers (NSE:SOFTTECH) Can Manage Its Debt Responsibly
Dec 21SoftTech Engineers (NSE:SOFTTECH) Is Growing Earnings But Are They A Good Guide?
Nov 30Financial Position Analysis
Short Term Liabilities: SOFTTECH's short term assets (₹1.1B) exceed its short term liabilities (₹578.2M).
Long Term Liabilities: SOFTTECH's short term assets (₹1.1B) exceed its long term liabilities (₹121.2M).
Debt to Equity History and Analysis
Debt Level: SOFTTECH's net debt to equity ratio (21.8%) is considered satisfactory.
Reducing Debt: SOFTTECH's debt to equity ratio has increased from 23.5% to 30.8% over the past 5 years.
Debt Coverage: SOFTTECH's debt is well covered by operating cash flow (48.6%).
Interest Coverage: SOFTTECH's interest payments on its debt are not well covered by EBIT (1.8x coverage).