Suyog Gurbaxani Funicular Ropeways Balance Sheet Health
Financial Health criteria checks 1/6
Suyog Gurbaxani Funicular Ropeways has a total shareholder equity of ₹129.8M and total debt of ₹766.3M, which brings its debt-to-equity ratio to 590.6%. Its total assets and total liabilities are ₹931.2M and ₹801.4M respectively. Suyog Gurbaxani Funicular Ropeways's EBIT is ₹86.9M making its interest coverage ratio 1.7. It has cash and short-term investments of ₹619.8K.
Key information
590.6%
Debt to equity ratio
₹766.27m
Debt
Interest coverage ratio | 1.7x |
Cash | ₹619.80k |
Equity | ₹129.75m |
Total liabilities | ₹801.45m |
Total assets | ₹931.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543391's short term assets (₹244.0M) exceed its short term liabilities (₹9.6M).
Long Term Liabilities: 543391's short term assets (₹244.0M) do not cover its long term liabilities (₹791.8M).
Debt to Equity History and Analysis
Debt Level: 543391's net debt to equity ratio (590.1%) is considered high.
Reducing Debt: Insufficient data to determine if 543391's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543391's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543391's interest payments on its debt are not well covered by EBIT (1.7x coverage).