Sarla Performance Fibers Balance Sheet Health
Financial Health criteria checks 6/6
Sarla Performance Fibers has a total shareholder equity of ₹4.3B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are ₹6.5B and ₹2.2B respectively. Sarla Performance Fibers's EBIT is ₹299.5M making its interest coverage ratio 5.2. It has cash and short-term investments of ₹580.4M.
Key information
31.5%
Debt to equity ratio
₹1.35b
Debt
Interest coverage ratio | 5.2x |
Cash | ₹580.36m |
Equity | ₹4.28b |
Total liabilities | ₹2.22b |
Total assets | ₹6.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526885's short term assets (₹2.6B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: 526885's short term assets (₹2.6B) exceed its long term liabilities (₹501.2M).
Debt to Equity History and Analysis
Debt Level: 526885's net debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: 526885's debt to equity ratio has reduced from 84.3% to 31.5% over the past 5 years.
Debt Coverage: 526885's debt is well covered by operating cash flow (23%).
Interest Coverage: 526885's interest payments on its debt are well covered by EBIT (5.2x coverage).