Solar Industries India Limited
Balance Sheet

Last updated:

The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Solar Industries India Limited's balance sheet done over the years? Its assets were worth $57,372,000,000 last year, which is more than in the previous period. 40% of Solar Industries India Limited’s total assets is currently financed by debt. Its liabilities reached the amount of $23,099,500,000, which means an increase by 35% compared compared to last year.

Debt to Assets

Solar Industries India Limited (NSE:SOLARINDS.NS): Debt to assets
2011 6611084000 3.17B 48.04%
2012 8993848000 4.56B 50.81%
2015 13891895000 5.66B 40.76%
2016 15455400000 6.21B 40.21%
2018 19951100000 8.63B 43.3%
2019 22820100000 9.96B 43.65%
2020 25323200000 11.00B 43.47%
2021 30297100000 13.87B 45.8%
2022 37243000000 17.09B 45.9%
2024 57372000000 23.09B 40.26%

SOLARINDS.NS Balance Sheet (2011 – 2023)

2023 2021 2020 2019 2018 2017 2015 2014 2012 2011
Assets
Current assets:
Cash and cash equivalents
2.52B836.7M1.69B308.7M610M524.9M370.4M372.74M630.14M670.23M
Short term investments
2.15B46.5M59.6M80.1M425.9M183.2M303.4M296.33M445.18M1.95B
Net receivables
8.44B7.98B5.83B5.71B5.46B4.31B2.70B1.98B00
Inventory
10.19B7.18B4.40B3.30B2.82B2.32B1.63B1.64B1.28B592.08M
Other current assets
3.00B554.2M257.1M425.2M352.5M486.5M1.46B1.65B2.05B968.60M
Total current assets
26.48B16.60B12.25B9.83B9.68B8.17B6.51B6.10B4.41B4.18B
Non-current assets:
Property, Plant and Equipment
25.41B16.63B15.23B13.16B11.71B9.90B7.48B6.45B3.33B2.21B
Goodwill
298.1M98.9M95.6M98.7M86.3M81.4M0048.43M32.71M
Intangible assets
440.3M502M470M471.1M406M320.3M50.5M00912K
Long term investments
2.88B182.2M9.7M23.3M25.6M-152.8M-225M-219.05M-359.02M-1.82B
Other non-current assets
305.5M2.27B1.52B1.21B614.7M1.55B1.46B1.55B1.56B2.00B
Total non-current assets
30.88B20.63B18.04B15.48B13.13B11.77B8.93B7.79B4.58B2.42B
Total assets
57.37B37.24B30.29B25.32B22.82B19.95B15.45B13.89B8.99B6.61B
Liabilities
Current liabilities:
Accounts payable
Deferred revenue
186.9M2.12B1.75B1.18B1.08B1.05B202M000
Short term debt
5.30B4.34B3.57B4.59B4.47B2.96B2.46B2.14B2.00B0
Total current liabilities
15.01B11.17B8.19B7.32B7.20B5.65B4.42B3.64B3.53B1.39B
Non-current liabilities:
Long term debt
6.07B4.53B4.49B2.61B1.55B1.63B1.34B1.55B826.02M1.61B
Deferred tax
000000000169.17M
Other non-current liabilities
34.39M-4.35B-4.33B-2.52B-1.51B335.5M0561M14.59M0
Total non-current liabilities
8.08B5.91B5.68B3.68B2.75B2.97B1.79B2.01B1.03B1.78B
Total liabilities
23.09B17.09B13.87B11.00B9.96B8.63B6.21B5.66B4.56B3.17B
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