Sharda Motor Industries Balance Sheet Health
Financial Health criteria checks 5/6
Sharda Motor Industries has a total shareholder equity of ₹9.0B and total debt of ₹231.8M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are ₹15.8B and ₹6.7B respectively. Sharda Motor Industries's EBIT is ₹3.4B making its interest coverage ratio -11.6. It has cash and short-term investments of ₹5.2B.
Key information
2.6%
Debt to equity ratio
₹231.76m
Debt
| Interest coverage ratio | -11.6x |
| Cash | ₹5.19b |
| Equity | ₹9.03b |
| Total liabilities | ₹6.73b |
| Total assets | ₹15.76b |
Recent financial health updates
Here's Why Sharda Motor Industries (NSE:SHARDAMOTR) Can Manage Its Debt Responsibly
Aug 31
We Think Sharda Motor Industries (NSE:SHARDAMOTR) Can Stay On Top Of Its Debt
Mar 09Recent updates
Sentiment Still Eluding Sharda Motor Industries Limited (NSE:SHARDAMOTR)
Dec 24Sharda Motor Industries' (NSE:SHARDAMOTR) Solid Earnings May Rest On Weak Foundations
Nov 20Do Sharda Motor Industries' (NSE:SHARDAMOTR) Earnings Warrant Your Attention?
Oct 12Sharda Motor Industries (NSE:SHARDAMOTR) Is Paying Out Less In Dividends Than Last Year
Sep 08Sharda Motor Industries Limited's (NSE:SHARDAMOTR) Shares Leap 27% Yet They're Still Not Telling The Full Story
Jun 26Calculating The Intrinsic Value Of Sharda Motor Industries Limited (NSE:SHARDAMOTR)
Jun 12Do Sharda Motor Industries' (NSE:SHARDAMOTR) Earnings Warrant Your Attention?
Nov 11Here's Why Sharda Motor Industries (NSE:SHARDAMOTR) Can Manage Its Debt Responsibly
Aug 31Should You Be Adding Sharda Motor Industries (NSE:SHARDAMOTR) To Your Watchlist Today?
Apr 06Estimating The Fair Value Of Sharda Motor Industries Limited (NSE:SHARDAMOTR)
Jul 05If You Like EPS Growth Then Check Out Sharda Motor Industries (NSE:SHARDAMOTR) Before It's Too Late
May 12We Think Sharda Motor Industries (NSE:SHARDAMOTR) Can Stay On Top Of Its Debt
Mar 09Here's Why We Think Sharda Motor Industries (NSE:SHARDAMOTR) Is Well Worth Watching
Oct 14Sharda Motor Industries Limited's (NSE:SHARDAMOTR) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Mar 07We're Not Counting On Sharda Motor Industries (NSE:SHARDAMOTR) To Sustain Its Statutory Profitability
Feb 08Sharda Motor Industries (NSE:SHARDAMOTR) Has Gifted Shareholders With A Fantastic 196% Total Return On Their Investment
Jan 11Is Sharda Motor Industries Limited's (NSE:SHARDAMOTR) Shareholder Ownership Skewed Towards Insiders?
Dec 14Sharda Motor Industries Limited's (NSE:SHARDAMOTR) Stock Is Going Strong: Is the Market Following Fundamentals?
Nov 16Have Insiders Been Selling Sharda Motor Industries Limited (NSE:SHARDAMOTR) Shares?
Oct 27
A Look At Sharda Motor Industries' (NSE:SHARDAMOTR) Share Price Returns
Sep 21There Is A Reason Sharda Motor Industries Limited's (NSE:SHARDAMOTR) Price Is Undemanding
Aug 17Financial Position Analysis
Short Term Liabilities: SHARDAMOTR's short term assets (₹9.9B) exceed its short term liabilities (₹6.4B).
Long Term Liabilities: SHARDAMOTR's short term assets (₹9.9B) exceed its long term liabilities (₹328.2M).
Debt to Equity History and Analysis
Debt Level: SHARDAMOTR has more cash than its total debt.
Reducing Debt: SHARDAMOTR's debt to equity ratio has increased from 0% to 2.6% over the past 5 years.
Debt Coverage: SHARDAMOTR's debt is well covered by operating cash flow (1403.9%).
Interest Coverage: SHARDAMOTR earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 03:35 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Sharda Motor Industries Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kameswari V. S. Chavali | FirstCall Research |
| Harini V. | FirstCall Research |