Sindhu Trade Links Balance Sheet Health
Financial Health criteria checks 2/6
Sindhu Trade Links has a total shareholder equity of ₹22.1B and total debt of ₹10.3B, which brings its debt-to-equity ratio to 46.6%. Its total assets and total liabilities are ₹47.8B and ₹25.7B respectively. Sindhu Trade Links's EBIT is ₹1.7B making its interest coverage ratio 1.2. It has cash and short-term investments of ₹575.6M.
Key information
46.6%
Debt to equity ratio
₹10.29b
Debt
Interest coverage ratio | 1.2x |
Cash | ₹575.60m |
Equity | ₹22.06b |
Total liabilities | ₹25.73b |
Total assets | ₹47.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532029's short term assets (₹9.7B) exceed its short term liabilities (₹9.2B).
Long Term Liabilities: 532029's short term assets (₹9.7B) do not cover its long term liabilities (₹16.5B).
Debt to Equity History and Analysis
Debt Level: 532029's net debt to equity ratio (44%) is considered high.
Reducing Debt: 532029's debt to equity ratio has reduced from 72.5% to 46.6% over the past 5 years.
Debt Coverage: 532029's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532029's interest payments on its debt are not well covered by EBIT (1.2x coverage).