Syrma SGS Technology Balance Sheet Health
Financial Health criteria checks 4/6
Syrma SGS Technology has a total shareholder equity of ₹16.2B and total debt of ₹4.7B, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are ₹29.1B and ₹12.9B respectively. Syrma SGS Technology's EBIT is ₹1.9B making its interest coverage ratio -45.9. It has cash and short-term investments of ₹1.2B.
Key information
28.8%
Debt to equity ratio
₹4.66b
Debt
| Interest coverage ratio | -45.9x |
| Cash | ₹1.16b |
| Equity | ₹16.18b |
| Total liabilities | ₹12.90b |
| Total assets | ₹29.08b |
Recent financial health updates
No updates
Recent updates
Returns On Capital Signal Tricky Times Ahead For Syrma SGS Technology (NSE:SYRMA)
Apr 08
Here'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 (₹15.2B) exceed its short term liabilities (₹11.1B).
Long Term Liabilities: SYRMA's short term assets (₹15.2B) exceed its long term liabilities (₹1.8B).
Debt to Equity History and Analysis
Debt Level: SYRMA's net debt to equity ratio (21.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SYRMA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SYRMA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SYRMA earns more interest than it pays, so coverage of interest payments is not a concern.