Southern Petrochemical Industries Balance Sheet Health
Financial Health criteria checks 5/6
Southern Petrochemical Industries has a total shareholder equity of ₹11.5B and total debt of ₹5.6B, which brings its debt-to-equity ratio to 48.6%. Its total assets and total liabilities are ₹21.1B and ₹9.6B respectively. Southern Petrochemical Industries's EBIT is ₹2.2B making its interest coverage ratio 5.9. It has cash and short-term investments of ₹1.6B.
Key information
48.6%
Debt to equity ratio
₹5.59b
Debt
| Interest coverage ratio | 5.9x |
| Cash | ₹1.63b |
| Equity | ₹11.48b |
| Total liabilities | ₹9.61b |
| Total assets | ₹21.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STHPT's short term assets (₹9.0B) exceed its short term liabilities (₹8.4B).
Long Term Liabilities: STHPT's short term assets (₹9.0B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: STHPT's net debt to equity ratio (34.4%) is considered satisfactory.
Reducing Debt: STHPT's debt to equity ratio has reduced from 67% to 48.6% over the past 5 years.
Debt Coverage: STHPT's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: STHPT's interest payments on its debt are well covered by EBIT (5.9x coverage).