Sindhu Trade Links Balance Sheet Health
Financial Health criteria checks 4/6
Sindhu Trade Links has a total shareholder equity of ₹23.6B and total debt of ₹8.8B, which brings its debt-to-equity ratio to 37.3%. Its total assets and total liabilities are ₹46.6B and ₹23.0B respectively. Sindhu Trade Links's EBIT is ₹90.6M making its interest coverage ratio 0.1. It has cash and short-term investments of ₹1.2B.
Key information
37.3%
Debt to equity ratio
₹8.80b
Debt
| Interest coverage ratio | 0.07x |
| Cash | ₹1.22b |
| Equity | ₹23.58b |
| Total liabilities | ₹23.04b |
| Total assets | ₹46.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532029's short term assets (₹9.4B) exceed its short term liabilities (₹6.4B).
Long Term Liabilities: 532029's short term assets (₹9.4B) do not cover its long term liabilities (₹16.6B).
Debt to Equity History and Analysis
Debt Level: 532029's net debt to equity ratio (32.1%) is considered satisfactory.
Reducing Debt: 532029's debt to equity ratio has reduced from 67.7% to 37.3% over the past 5 years.
Debt Coverage: 532029's debt is well covered by operating cash flow (96.1%).
Interest Coverage: 532029's interest payments on its debt are not well covered by EBIT (0.1x coverage).