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
Is Snowman Logistics (NSE:SNOWMAN) A Risky Investment?
Nov 18
Snowman Logistics (NSE:SNOWMAN) Seems To Use Debt Quite Sensibly
Jul 18Snowman Logistics (NSE:SNOWMAN) Has A Pretty Healthy Balance Sheet
Jun 18These 4 Measures Indicate That Snowman Logistics (NSE:SNOWMAN) Is Using Debt Reasonably Well
Feb 25Snowman Logistics (NSE:SNOWMAN) Seems To Use Debt Quite Sensibly
May 12Snowman Logistics (NSE:SNOWMAN) Seems To Use Debt Quite Sensibly
Dec 14
Recent updates
Snowman Logistics Limited (NSE:SNOWMAN) Looks Just Right With A 27% Price Jump
Jan 09We Like These Underlying Return On Capital Trends At Snowman Logistics (NSE:SNOWMAN)
Dec 28Is Snowman Logistics (NSE:SNOWMAN) A Risky Investment?
Nov 18Here's Why Shareholders May Want To Be Cautious With Increasing Snowman Logistics Limited's (NSE:SNOWMAN) CEO Pay Packet
Sep 14Snowman Logistics' (NSE:SNOWMAN) Dividend Will Be Increased To ₹1.00
Aug 04Snowman Logistics (NSE:SNOWMAN) Seems To Use Debt Quite Sensibly
Jul 18Investors Will Want Snowman Logistics' (NSE:SNOWMAN) Growth In ROCE To Persist
Dec 27The Return Trends At Snowman Logistics (NSE:SNOWMAN) Look Promising
Sep 03Snowman Logistics (NSE:SNOWMAN) Has A Pretty Healthy Balance Sheet
Jun 18Snowman Logistics (NSE:SNOWMAN) Might Have The Makings Of A Multi-Bagger
May 13These 4 Measures Indicate That Snowman Logistics (NSE:SNOWMAN) Is Using Debt Reasonably Well
Feb 25We Discuss Why Snowman Logistics Limited's (NSE:SNOWMAN) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year
Aug 27Snowman Logistics (NSE:SNOWMAN) May Have Issues Allocating Its Capital
Jun 08Snowman Logistics (NSE:SNOWMAN) Seems To Use Debt Quite Sensibly
May 12Does Snowman Logistics' (NSE:SNOWMAN) Share Price Gain of 78% Match Its Business Performance?
Mar 16Should We Be Excited About The Trends Of Returns At Snowman Logistics (NSE:SNOWMAN)?
Feb 15Estimating The Intrinsic Value Of Snowman Logistics Limited (NSE:SNOWMAN)
Jan 25How Should Investors Feel About Snowman Logistics' (NSE:SNOWMAN) CEO Remuneration?
Jan 04Snowman Logistics (NSE:SNOWMAN) Seems To Use Debt Quite Sensibly
Dec 14Did Snowman Logistics' (NSE:SNOWMAN) Share Price Deserve to Gain 53%?
Nov 22The Trends At Snowman Logistics (NSE:SNOWMAN) That You Should Know About
Nov 02A Look At The Intrinsic Value Of Snowman Logistics Limited (NSE:SNOWMAN)
Sep 28Our View On Snowman Logistics' (NSE:SNOWMAN) CEO Pay
Sep 02Snowman Logistics'(NSE:SNOWMAN) Share Price Is Down 68% Over The Past Five Years.
Aug 12Here's Why Snowman Logistics (NSE:SNOWMAN) Has A Meaningful Debt Burden
Aug 12Has Snowman Logistics (NSE:SNOWMAN) Got What It Takes To Become A Multi-Bagger?
Jul 10Financial Position Analysis
Short Term Liabilities: SNOWMAN's short term assets (₹1.4B) exceed its short term liabilities (₹883.7M).
Long Term Liabilities: SNOWMAN's short term assets (₹1.4B) do not cover its long term liabilities (₹2.4B).
Debt to Equity History and Analysis
Debt Level: SNOWMAN's net debt to equity ratio (60.4%) is considered high.
Reducing Debt: SNOWMAN's debt to equity ratio has increased from 27.9% to 67.1% over the past 5 years.
Debt Coverage: SNOWMAN's debt is well covered by operating cash flow (30.7%).
Interest Coverage: SNOWMAN's interest payments on its debt are not well covered by EBIT (1.9x coverage).