Sindhu Trade Links Limited

BSE:532029 Stock Report

Market Cap: ₹37.7b

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 ratio0.07x
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).


Balance Sheet


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