Shaily Engineering Plastics Balance Sheet Health
Financial Health criteria checks 6/6
Shaily Engineering Plastics has a total shareholder equity of ₹4.9B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are ₹8.2B and ₹3.2B respectively. Shaily Engineering Plastics's EBIT is ₹1.0B making its interest coverage ratio 6.6. It has cash and short-term investments of ₹150.3M.
Key information
35.4%
Debt to equity ratio
₹1.75b
Debt
| Interest coverage ratio | 6.6x |
| Cash | ₹150.35m |
| Equity | ₹4.95b |
| Total liabilities | ₹3.20b |
| Total assets | ₹8.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 501423's short term assets (₹2.9B) exceed its short term liabilities (₹2.4B).
Long Term Liabilities: 501423's short term assets (₹2.9B) exceed its long term liabilities (₹791.8M).
Debt to Equity History and Analysis
Debt Level: 501423's net debt to equity ratio (32.4%) is considered satisfactory.
Reducing Debt: 501423's debt to equity ratio has reduced from 77.8% to 35.4% over the past 5 years.
Debt Coverage: 501423's debt is well covered by operating cash flow (69.2%).
Interest Coverage: 501423's interest payments on its debt are well covered by EBIT (6.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 19:53 |
| End of Day Share Price | 2024/12/24 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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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
Shaily Engineering Plastics Limited is covered by 4 analysts. 2 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 |
|---|---|
| Naveed MD. | FirstCall Research |
| Hitesh Taunk | ICICIdirect.com |
| Ritesh Shah | Investec Bank plc (UK) |