Shree Metalloys Balance Sheet Health
Financial Health criteria checks 5/6
Shree Metalloys has a total shareholder equity of ₹85.5M and total debt of ₹24.8M, which brings its debt-to-equity ratio to 29%. Its total assets and total liabilities are ₹115.3M and ₹29.8M respectively. Shree Metalloys's EBIT is ₹4.9M making its interest coverage ratio -97.3. It has cash and short-term investments of ₹800.0K.
Key information
29.0%
Debt to equity ratio
₹24.80m
Debt
Interest coverage ratio | -97.3x |
Cash | ₹800.00k |
Equity | ₹85.51m |
Total liabilities | ₹29.76m |
Total assets | ₹115.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531962's short term assets (₹106.9M) exceed its short term liabilities (₹29.4M).
Long Term Liabilities: 531962's short term assets (₹106.9M) exceed its long term liabilities (₹314.0K).
Debt to Equity History and Analysis
Debt Level: 531962's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: 531962's debt to equity ratio has reduced from 90.2% to 29% over the past 5 years.
Debt Coverage: 531962's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531962 earns more interest than it pays, so coverage of interest payments is not a concern.