Shashijit Infraprojects Balance Sheet Health
Financial Health criteria checks 2/6
Shashijit Infraprojects has a total shareholder equity of ₹108.2M and total debt of ₹107.4M, which brings its debt-to-equity ratio to 99.3%. Its total assets and total liabilities are ₹343.2M and ₹235.0M respectively. Shashijit Infraprojects's EBIT is ₹9.9M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹1.1M.
Key information
99.3%
Debt to equity ratio
₹107.39m
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₹1.07m |
| Equity | ₹108.19m |
| Total liabilities | ₹234.99m |
| Total assets | ₹343.18m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540147's short term assets (₹253.5M) exceed its short term liabilities (₹217.6M).
Long Term Liabilities: 540147's short term assets (₹253.5M) exceed its long term liabilities (₹17.4M).
Debt to Equity History and Analysis
Debt Level: 540147's net debt to equity ratio (98.3%) is considered high.
Reducing Debt: 540147's debt to equity ratio has increased from 32.8% to 99.3% over the past 5 years.
Debt Coverage: 540147's debt is not well covered by operating cash flow (16.7%).
Interest Coverage: 540147's interest payments on its debt are not well covered by EBIT (1.1x coverage).