Shiv Texchem Balance Sheet Health

Financial Health criteria checks 3/6

Shiv Texchem has a total shareholder equity of ₹2.1B and total debt of ₹3.7B, which brings its debt-to-equity ratio to 171.8%. Its total assets and total liabilities are ₹8.6B and ₹6.5B respectively. Shiv Texchem's EBIT is ₹707.3M making its interest coverage ratio 3.6. It has cash and short-term investments of ₹2.0B.

Key information

171.8%

Debt to equity ratio

₹3.67b

Debt

Interest coverage ratio	3.6x
Cash	₹2.02b
Equity	₹2.14b
Total liabilities	₹6.50b
Total assets	₹8.64b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 544272's short term assets (₹8.6B) exceed its short term liabilities (₹5.6B).

Long Term Liabilities: 544272's short term assets (₹8.6B) exceed its long term liabilities (₹924.7M).

Debt to Equity History and Analysis

Debt Level: 544272's net debt to equity ratio (77.2%) is considered high.

Reducing Debt: Insufficient data to determine if 544272's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 544272's debt is not well covered by operating cash flow (15.9%).

Interest Coverage: 544272's interest payments on its debt are well covered by EBIT (3.6x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 06:57
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Shiv Texchem Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution