Shilp Gravures Balance Sheet Health
Financial Health criteria checks 6/6
Shilp Gravures has a total shareholder equity of ₹928.0M and total debt of ₹25.6M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are ₹1.1B and ₹175.7M respectively. Shilp Gravures's EBIT is ₹84.9M making its interest coverage ratio 36.1. It has cash and short-term investments of ₹271.8M.
Key information
2.8%
Debt to equity ratio
₹25.63m
Debt
| Interest coverage ratio | 36.1x |
| Cash | ₹271.80m |
| Equity | ₹928.03m |
| Total liabilities | ₹175.68m |
| Total assets | ₹1.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513709's short term assets (₹541.4M) exceed its short term liabilities (₹127.8M).
Long Term Liabilities: 513709's short term assets (₹541.4M) exceed its long term liabilities (₹47.9M).
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 17.6% to 2.8% over the past 5 years.
Debt Coverage: 513709's debt is well covered by operating cash flow (431.4%).
Interest Coverage: 513709's interest payments on its debt are well covered by EBIT (36.1x coverage).