Shriram Pistons & Rings Balance Sheet Health
Financial Health criteria checks 5/6
Shriram Pistons & Rings has a total shareholder equity of ₹22.4B and total debt of ₹4.8B, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are ₹33.9B and ₹11.5B respectively. Shriram Pistons & Rings's EBIT is ₹5.6B making its interest coverage ratio 15.7. It has cash and short-term investments of ₹11.6B.
Key information
21.2%
Debt to equity ratio
₹4.76b
Debt
| Interest coverage ratio | 15.7x |
| Cash | ₹11.60b |
| Equity | ₹22.43b |
| Total liabilities | ₹11.48b |
| Total assets | ₹33.91b |
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
Here's Why Shriram Pistons & Rings (NSE:SHRIPISTON) Has Caught The Eye Of Investors
Jan 18Shriram Pistons & Rings (NSE:SHRIPISTON) Is Investing Its Capital With Increasing Efficiency
Jan 07Is Shriram Pistons & Rings Limited (NSE:SHRIPISTON) Worth ₹2.2k Based On Its Intrinsic Value?
Dec 11Shriram Pistons & Rings Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Oct 31Should You Investigate Shriram Pistons & Rings Limited (NSE:SHRIPISTON) At ₹1,931?
Oct 29Shriram Pistons & Rings Limited's (NSE:SHRIPISTON) Business And Shares Still Trailing The Market
Oct 17Here's Why Shriram Pistons & Rings (NSE:SHRIPISTON) Has Caught The Eye Of Investors
Oct 04Investors Shouldn't Overlook Shriram Pistons & Rings' (NSE:SHRIPISTON) Impressive Returns On Capital
Sep 11Does This Valuation Of Shriram Pistons & Rings Limited (NSE:SHRIPISTON) Imply Investors Are Overpaying?
Aug 14Shriram Pistons & Rings Limited's (NSE:SHRIPISTON) Business And Shares Still Trailing The Market
Jul 13With EPS Growth And More, Shriram Pistons & Rings (NSE:SHRIPISTON) Makes An Interesting Case
May 26There'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 (₹22.7B) exceed its short term liabilities (₹8.6B).
Long Term Liabilities: SHRIPISTON's short term assets (₹22.7B) exceed its long term liabilities (₹2.9B).
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 6.3% to 21.2% over the past 5 years.
Debt Coverage: SHRIPISTON's debt is well covered by operating cash flow (89.4%).
Interest Coverage: SHRIPISTON's interest payments on its debt are well covered by EBIT (15.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 04:22 |
| End of Day Share Price | 2025/01/21 00:00 |
| Earnings | 2024/09/30 |
| 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 here.
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 .
Analyst Sources
Shriram Pistons & Rings Limited is covered by 2 analysts. 1 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 |
|---|---|
| null null | Emkay Global Financial Services Ltd. |
| Chirag Jain | Emkay Global Financial Services Ltd. |