Shelter Infra Projects Balance Sheet Health
Financial Health criteria checks 1/6
Shelter Infra Projects has a total shareholder equity of ₹38.2M and total debt of ₹173.4M, which brings its debt-to-equity ratio to 453.7%. Its total assets and total liabilities are ₹398.7M and ₹360.5M respectively. Shelter Infra Projects's EBIT is ₹566.0K making its interest coverage ratio 2. It has cash and short-term investments of ₹4.4M.
Key information
453.7%
Debt to equity ratio
₹173.43m
Debt
| Interest coverage ratio | 2x |
| Cash | ₹4.39m |
| Equity | ₹38.23m |
| Total liabilities | ₹360.52m |
| Total assets | ₹398.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526839's short term assets (₹235.9M) do not cover its short term liabilities (₹353.2M).
Long Term Liabilities: 526839's short term assets (₹235.9M) exceed its long term liabilities (₹7.4M).
Debt to Equity History and Analysis
Debt Level: 526839's net debt to equity ratio (442.2%) is considered high.
Reducing Debt: 526839's debt to equity ratio has increased from 370.2% to 453.7% over the past 5 years.
Debt Coverage: 526839's debt is not well covered by operating cash flow (2.1%).
Interest Coverage: 526839's interest payments on its debt are not well covered by EBIT (2x coverage).