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 ₹721.5M 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).