Shricon Industries Balance Sheet Health
Financial Health criteria checks 4/6
Shricon Industries has a total shareholder equity of ₹43.3M and total debt of ₹86.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ₹43.7M and ₹430.0K respectively.
Key information
0.2%
Debt to equity ratio
₹86.00k
Debt
Interest coverage ratio | n/a |
Cash | ₹5.40m |
Equity | ₹43.29m |
Total liabilities | ₹430.00k |
Total assets | ₹43.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 508961's short term assets (₹6.0M) exceed its short term liabilities (₹344.0K).
Long Term Liabilities: 508961's short term assets (₹6.0M) exceed its long term liabilities (₹86.0K).
Debt to Equity History and Analysis
Debt Level: 508961 has more cash than its total debt.
Reducing Debt: 508961's debt to equity ratio has reduced from 330.6% to 0.2% over the past 5 years.
Debt Coverage: 508961's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 508961's interest payments on its debt are well covered by EBIT.