Safa Systems & Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Safa Systems & Technologies has a total shareholder equity of ₹177.9M and total debt of ₹527.6M, which brings its debt-to-equity ratio to 296.5%. Its total assets and total liabilities are ₹762.1M and ₹584.1M respectively. Safa Systems & Technologies's EBIT is ₹68.3M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹36.9M.
Key information
296.5%
Debt to equity ratio
₹527.61m
Debt
Interest coverage ratio | 1.9x |
Cash | ₹36.90m |
Equity | ₹177.93m |
Total liabilities | ₹584.14m |
Total assets | ₹762.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543461's short term assets (₹732.4M) exceed its short term liabilities (₹430.4M).
Long Term Liabilities: 543461's short term assets (₹732.4M) exceed its long term liabilities (₹153.8M).
Debt to Equity History and Analysis
Debt Level: 543461's net debt to equity ratio (275.8%) is considered high.
Reducing Debt: Insufficient data to determine if 543461's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543461's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543461's interest payments on its debt are not well covered by EBIT (1.9x coverage).