Shilp Gravures Balance Sheet Health
Financial Health criteria checks 6/6
Shilp Gravures has a total shareholder equity of ₹1.0B and total debt of ₹37.0M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ₹1.3B and ₹230.2M respectively. Shilp Gravures's EBIT is ₹49.7M making its interest coverage ratio 12.1. It has cash and short-term investments of ₹348.6M.
Key information
3.6%
Debt to equity ratio
₹37.03m
Debt
| Interest coverage ratio | 12.1x |
| Cash | ₹348.65m |
| Equity | ₹1.02b |
| Total liabilities | ₹230.18m |
| Total assets | ₹1.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513709's short term assets (₹668.3M) exceed its short term liabilities (₹178.0M).
Long Term Liabilities: 513709's short term assets (₹668.3M) exceed its long term liabilities (₹52.2M).
Debt to Equity History and Analysis
Debt Level: 513709 has more cash than its total debt.
Reducing Debt: 513709's debt to equity ratio has reduced from 18.1% to 3.6% over the past 5 years.
Debt Coverage: 513709's debt is well covered by operating cash flow (137.7%).
Interest Coverage: 513709's interest payments on its debt are well covered by EBIT (12.1x coverage).