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 ₹359.9M, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are ₹2.0B and ₹744.3M respectively. SoftTech Engineers's EBIT is ₹78.3M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹81.6M.
Key information
28.4%
Debt to equity ratio
₹359.94m
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹81.56m |
| Equity | ₹1.27b |
| Total liabilities | ₹744.32m |
| Total assets | ₹2.01b |
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 (₹602.5M).
Long Term Liabilities: SOFTTECH's short term assets (₹1.1B) exceed its long term liabilities (₹141.8M).
Debt to Equity History and Analysis
Debt Level: SOFTTECH's net debt to equity ratio (22%) is considered satisfactory.
Reducing Debt: SOFTTECH's debt to equity ratio has increased from 23.5% to 28.4% over the past 5 years.
Debt Coverage: SOFTTECH's debt is well covered by operating cash flow (58.5%).
Interest Coverage: SOFTTECH's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 07:16 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
SoftTech Engineers Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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