Sharika Enterprises Balance Sheet Health
Financial Health criteria checks 3/6
Sharika Enterprises has a total shareholder equity of ₹197.0M and total debt of ₹121.3M, which brings its debt-to-equity ratio to 61.6%. Its total assets and total liabilities are ₹652.5M and ₹455.5M respectively. Sharika Enterprises's EBIT is ₹26.2M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹4.7M.
Key information
61.6%
Debt to equity ratio
₹121.31m
Debt
| Interest coverage ratio | 1.9x |
| Cash | ₹4.74m |
| Equity | ₹197.03m |
| Total liabilities | ₹455.48m |
| Total assets | ₹652.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540786's short term assets (₹570.4M) exceed its short term liabilities (₹427.0M).
Long Term Liabilities: 540786's short term assets (₹570.4M) exceed its long term liabilities (₹28.5M).
Debt to Equity History and Analysis
Debt Level: 540786's net debt to equity ratio (59.2%) is considered high.
Reducing Debt: 540786's debt to equity ratio has reduced from 63.5% to 61.6% over the past 5 years.
Debt Coverage: 540786's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 540786's interest payments on its debt are not well covered by EBIT (1.9x coverage).