Shashijit Infraprojects Balance Sheet Health
Financial Health criteria checks 2/6
Shashijit Infraprojects has a total shareholder equity of ₹121.5M and total debt of ₹136.0M, which brings its debt-to-equity ratio to 112%. Its total assets and total liabilities are ₹391.5M and ₹270.0M respectively. Shashijit Infraprojects's EBIT is ₹19.0M making its interest coverage ratio 2. It has cash and short-term investments of ₹649.3K.
Key information
112.0%
Debt to equity ratio
₹136.05m
Debt
Interest coverage ratio | 2x |
Cash | ₹649.30k |
Equity | ₹121.49m |
Total liabilities | ₹270.00m |
Total assets | ₹391.49m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540147's short term assets (₹272.4M) exceed its short term liabilities (₹232.3M).
Long Term Liabilities: 540147's short term assets (₹272.4M) exceed its long term liabilities (₹37.7M).
Debt to Equity History and Analysis
Debt Level: 540147's net debt to equity ratio (111.4%) is considered high.
Reducing Debt: 540147's debt to equity ratio has increased from 41.1% to 112% over the past 5 years.
Debt Coverage: 540147's debt is not well covered by operating cash flow (0.2%).
Interest Coverage: 540147's interest payments on its debt are not well covered by EBIT (2x coverage).