Snowman Logistics Balance Sheet Health
Financial Health criteria checks 2/6
Snowman Logistics has a total shareholder equity of ₹4.0B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are ₹7.7B and ₹3.6B respectively. Snowman Logistics's EBIT is ₹376.6M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹46.2M.
Key information
28.6%
Debt to equity ratio
₹1.15b
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₹46.18m |
| Equity | ₹4.04b |
| Total liabilities | ₹3.64b |
| Total assets | ₹7.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538635's short term assets (₹1.3B) do not cover its short term liabilities (₹1.4B).
Long Term Liabilities: 538635's short term assets (₹1.3B) do not cover its long term liabilities (₹2.3B).
Debt to Equity History and Analysis
Debt Level: 538635's net debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: 538635's debt to equity ratio has increased from 18.4% to 28.6% over the past 5 years.
Debt Coverage: 538635's debt is well covered by operating cash flow (72.7%).
Interest Coverage: 538635's interest payments on its debt are not well covered by EBIT (1.6x coverage).