Syrma SGS Technology Balance Sheet Health
Financial Health criteria checks 5/6
Syrma SGS Technology has a total shareholder equity of ₹17.1B and total debt of ₹6.0B, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are ₹39.7B and ₹22.5B respectively. Syrma SGS Technology's EBIT is ₹1.6B making its interest coverage ratio 12.1. It has cash and short-term investments of ₹4.2B.
Key information
35.2%
Debt to equity ratio
₹6.03b
Debt
| Interest coverage ratio | 12.1x |
| Cash | ₹4.22b |
| Equity | ₹17.12b |
| Total liabilities | ₹22.55b |
| Total assets | ₹39.67b |
Recent financial health updates
Recent updates
Earnings Beat: Syrma SGS Technology Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Oct 30
Syrma SGS Technology Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Aug 08Does Syrma SGS Technology (NSE:SYRMA) Have A Healthy Balance Sheet?
Jun 12Earnings Troubles May Signal Larger Issues for Syrma SGS Technology (NSE:SYRMA) Shareholders
May 22Syrma SGS Technology Limited's (NSE:SYRMA) P/E Still Appears To Be Reasonable
May 10Returns On Capital Signal Tricky Times Ahead For Syrma SGS Technology (NSE:SYRMA)
Apr 08Here's Why We Think Syrma SGS Technology (NSE:SYRMA) Is Well Worth Watching
Feb 06Syrma SGS Technology's (NSE:SYRMA) Earnings Are Of Questionable Quality
Nov 09We Ran A Stock Scan For Earnings Growth And Syrma SGS Technology (NSE:SYRMA) Passed With Ease
Oct 27There Are Reasons To Feel Uneasy About Syrma SGS Technology's (NSE:SYRMA) Returns On Capital
Oct 01Syrma SGS Technology Limited (NSE:SYRMA) Just Beat EPS By 11%: Here's What Analysts Are Forecasting For This Year
May 21Financial Position Analysis
Short Term Liabilities: SYRMA's short term assets (₹27.1B) exceed its short term liabilities (₹20.8B).
Long Term Liabilities: SYRMA's short term assets (₹27.1B) exceed its long term liabilities (₹1.8B).
Debt to Equity History and Analysis
Debt Level: SYRMA's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: SYRMA's debt to equity ratio has reduced from 82% to 35.2% over the past 5 years.
Debt Coverage: SYRMA's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: SYRMA's interest payments on its debt are well covered by EBIT (12.1x coverage).