Syrma SGS Technology Balance Sheet Health
Financial Health criteria checks 5/6
Syrma SGS Technology has a total shareholder equity of ₹16.8B and total debt of ₹5.8B, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are ₹36.9B and ₹20.1B respectively. Syrma SGS Technology's EBIT is ₹1.5B making its interest coverage ratio 3.9. It has cash and short-term investments of ₹1.2B.
Key information
34.4%
Debt to equity ratio
₹5.76b
Debt
Interest coverage ratio | 3.9x |
Cash | ₹1.21b |
Equity | ₹16.77b |
Total liabilities | ₹20.12b |
Total assets | ₹36.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543573's short term assets (₹22.8B) exceed its short term liabilities (₹18.4B).
Long Term Liabilities: 543573's short term assets (₹22.8B) exceed its long term liabilities (₹1.7B).
Debt to Equity History and Analysis
Debt Level: 543573's net debt to equity ratio (27.1%) is considered satisfactory.
Reducing Debt: 543573's debt to equity ratio has reduced from 165% to 34.4% over the past 5 years.
Debt Coverage: 543573's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543573's interest payments on its debt are well covered by EBIT (3.9x coverage).