Snowman Logistics Balance Sheet Health
Financial Health criteria checks 2/6
Snowman Logistics has a total shareholder equity of ₹4.1B and total debt of ₹2.8B, which brings its debt-to-equity ratio to 67.1%. Its total assets and total liabilities are ₹7.3B and ₹3.2B respectively. Snowman Logistics's EBIT is ₹396.4M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹274.5M.
Key information
67.1%
Debt to equity ratio
₹2.76b
Debt
Interest coverage ratio | 1.9x |
Cash | ₹274.54m |
Equity | ₹4.11b |
Total liabilities | ₹3.24b |
Total assets | ₹7.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538635's short term assets (₹1.4B) exceed its short term liabilities (₹883.7M).
Long Term Liabilities: 538635's short term assets (₹1.4B) do not cover its long term liabilities (₹2.4B).
Debt to Equity History and Analysis
Debt Level: 538635's net debt to equity ratio (60.4%) is considered high.
Reducing Debt: 538635's debt to equity ratio has increased from 27.9% to 67.1% over the past 5 years.
Debt Coverage: 538635's debt is well covered by operating cash flow (30.7%).
Interest Coverage: 538635's interest payments on its debt are not well covered by EBIT (1.9x coverage).