Sterlite Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Sterlite Technologies has a total shareholder equity of ₹21.4B and total debt of ₹35.3B, which brings its debt-to-equity ratio to 165.3%. Its total assets and total liabilities are ₹84.5B and ₹63.2B respectively. Sterlite Technologies's EBIT is ₹4.9B making its interest coverage ratio 1.7. It has cash and short-term investments of ₹5.2B.
Key information
165.3%
Debt to equity ratio
₹35.31b
Debt
Interest coverage ratio | 1.7x |
Cash | ₹5.21b |
Equity | ₹21.36b |
Total liabilities | ₹63.18b |
Total assets | ₹84.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532374's short term assets (₹48.0B) do not cover its short term liabilities (₹51.2B).
Long Term Liabilities: 532374's short term assets (₹48.0B) exceed its long term liabilities (₹12.0B).
Debt to Equity History and Analysis
Debt Level: 532374's net debt to equity ratio (140.9%) is considered high.
Reducing Debt: 532374's debt to equity ratio has increased from 137.7% to 165.3% over the past 5 years.
Debt Coverage: 532374's debt is well covered by operating cash flow (22.4%).
Interest Coverage: 532374's interest payments on its debt are not well covered by EBIT (1.7x coverage).