Skipper Balance Sheet Health
Financial Health criteria checks 3/6
Skipper has a total shareholder equity of ₹8.0B and total debt of ₹7.3B, which brings its debt-to-equity ratio to 90.9%. Its total assets and total liabilities are ₹27.3B and ₹19.3B respectively. Skipper's EBIT is ₹2.2B making its interest coverage ratio 1.9. It has cash and short-term investments of ₹538.5M.
Key information
90.9%
Debt to equity ratio
₹7.30b
Debt
Interest coverage ratio | 1.9x |
Cash | ₹538.47m |
Equity | ₹8.03b |
Total liabilities | ₹19.31b |
Total assets | ₹27.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538562's short term assets (₹19.1B) exceed its short term liabilities (₹16.2B).
Long Term Liabilities: 538562's short term assets (₹19.1B) exceed its long term liabilities (₹3.1B).
Debt to Equity History and Analysis
Debt Level: 538562's net debt to equity ratio (84.2%) is considered high.
Reducing Debt: 538562's debt to equity ratio has reduced from 108.8% to 90.9% over the past 5 years.
Debt Coverage: 538562's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: 538562's interest payments on its debt are not well covered by EBIT (1.9x coverage).