Shriram Pistons & Rings Balance Sheet Health
Financial Health criteria checks 5/6
Shriram Pistons & Rings has a total shareholder equity of ₹20.2B and total debt of ₹4.5B, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are ₹31.4B and ₹11.2B respectively. Shriram Pistons & Rings's EBIT is ₹6.2B making its interest coverage ratio 20.3. It has cash and short-term investments of ₹9.7B.
Key information
22.5%
Debt to equity ratio
₹4.55b
Debt
| Interest coverage ratio | 20.3x |
| Cash | ₹9.72b |
| Equity | ₹20.21b |
| Total liabilities | ₹11.18b |
| Total assets | ₹31.38b |
Recent financial health updates
Shriram Pistons & Rings (NSE:SHRIPISTON) Has A Rock Solid Balance Sheet
Mar 27
These 4 Measures Indicate That Shriram Pistons & Rings (NSE:SHRIPISTON) Is Using Debt Safely
Sep 05Is Shriram Pistons & Rings (NSE:SHRIPISTON) Using Too Much Debt?
Jan 04Is Shriram Pistons & Rings (NSE:SHRIPISTON) A Risky Investment?
Jan 18Recent updates
There's No Escaping Shriram Pistons & Rings Limited's (NSE:SHRIPISTON) Muted Earnings Despite A 29% Share Price Rise
Apr 09Shriram Pistons & Rings (NSE:SHRIPISTON) Has A Rock Solid Balance Sheet
Mar 27A Piece Of The Puzzle Missing From Shriram Pistons & Rings Limited's (NSE:SHRIPISTON) 28% Share Price Climb
Dec 28Is Now The Time To Put Shriram Pistons & Rings (NSE:SHRIPISTON) On Your Watchlist?
Dec 21Investors Should Be Encouraged By Shriram Pistons & Rings' (NSE:SHRIPISTON) Returns On Capital
Nov 14These 4 Measures Indicate That Shriram Pistons & Rings (NSE:SHRIPISTON) Is Using Debt Safely
Sep 05If EPS Growth Is Important To You, Shriram Pistons & Rings (NSE:SHRIPISTON) Presents An Opportunity
Aug 13Many Would Be Envious Of Shriram Pistons & Rings' (NSE:SHRIPISTON) Excellent Returns On Capital
Jul 26We Ran A Stock Scan For Earnings Growth And Shriram Pistons & Rings (NSE:SHRIPISTON) Passed With Ease
May 10Is Shriram Pistons & Rings (NSE:SHRIPISTON) Using Too Much Debt?
Jan 04Returns At Shriram Pistons & Rings (NSE:SHRIPISTON) Appear To Be Weighed Down
Oct 06There Are Reasons To Feel Uneasy About Shriram Pistons & Rings' (NSE:SHRIPISTON) Returns On Capital
Jun 18Returns On Capital At Shriram Pistons & Rings (NSE:SHRIPISTON) Paint An Interesting Picture
Mar 17Should Shriram Pistons & Rings Limited (NSE:SHRIPISTON) Be Part Of Your Dividend Portfolio?
Mar 02Shriram Pistons & Rings Limited (NSE:SHRIPISTON) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Feb 15Shriram Pistons & Rings Limited (NSE:SHRIPISTON) Stock Goes Ex-Dividend In Just One Day
Feb 01A Quick Analysis On Shriram Pistons & Rings' (NSE:SHRIPISTON) CEO Salary
Jan 31Is Shriram Pistons & Rings (NSE:SHRIPISTON) A Risky Investment?
Jan 18Have Insiders Been Selling Shriram Pistons & Rings Limited (NSE:SHRIPISTON) Shares?
Jan 04Estimating The Intrinsic Value Of Shriram Pistons & Rings Limited (NSE:SHRIPISTON)
Dec 22Shriram Pistons & Rings (NSE:SHRIPISTON) Share Prices Have Dropped 67% In The Last Three Years
Dec 09Has Shriram Pistons & Rings (NSE:SHRIPISTON) Got What It Takes To Become A Multi-Bagger?
Nov 24
Financial Position Analysis
Short Term Liabilities: SHRIPISTON's short term assets (₹19.6B) exceed its short term liabilities (₹8.0B).
Long Term Liabilities: SHRIPISTON's short term assets (₹19.6B) exceed its long term liabilities (₹3.1B).
Debt to Equity History and Analysis
Debt Level: SHRIPISTON has more cash than its total debt.
Reducing Debt: SHRIPISTON's debt to equity ratio has increased from 12.2% to 22.5% over the past 5 years.
Debt Coverage: SHRIPISTON's debt is well covered by operating cash flow (107%).
Interest Coverage: SHRIPISTON's interest payments on its debt are well covered by EBIT (20.3x coverage).