Shakti Pumps (India) Balance Sheet Health
Financial Health criteria checks 6/6
Shakti Pumps (India) has a total shareholder equity of ₹7.6B and total debt of ₹829.1M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are ₹14.5B and ₹6.9B respectively. Shakti Pumps (India)'s EBIT is ₹2.1B making its interest coverage ratio 10.7. It has cash and short-term investments of ₹2.0B.
Key information
11.0%
Debt to equity ratio
₹829.11m
Debt
| Interest coverage ratio | 10.7x |
| Cash | ₹2.01b |
| Equity | ₹7.56b |
| Total liabilities | ₹6.95b |
| Total assets | ₹14.50b |
Recent financial health updates
Is Shakti Pumps (India) (NSE:SHAKTIPUMP) Using Too Much Debt?
Feb 27
We Think Shakti Pumps (India) (NSE:SHAKTIPUMP) Is Taking Some Risk With Its Debt
Aug 12Is Shakti Pumps (India) (NSE:SHAKTIPUMP) A Risky Investment?
Jan 24Is Shakti Pumps (India) (NSE:SHAKTIPUMP) A Risky Investment?
Nov 23Is Shakti Pumps (India) (NSE:SHAKTIPUMP) Using Too Much Debt?
Jun 02Shakti Pumps (India) (NSE:SHAKTIPUMP) Has A Somewhat Strained Balance Sheet
Jan 11Recent updates
Subdued Growth No Barrier To Shakti Pumps (India) Limited (NSE:SHAKTIPUMP) With Shares Advancing 31%
Apr 24A Look Into Shakti Pumps (India)'s (NSE:SHAKTIPUMP) Impressive Returns On Capital
Mar 20Is Shakti Pumps (India) (NSE:SHAKTIPUMP) Using Too Much Debt?
Feb 27Shakti Pumps (India) Limited's (NSE:SHAKTIPUMP) 44% Price Boost Is Out Of Tune With Earnings
Jan 31Shakti Pumps (India) (NSE:SHAKTIPUMP) Is Due To Pay A Dividend Of ₹2.00
Sep 11Shakti Pumps (India) (NSE:SHAKTIPUMP) Is Paying Out A Dividend Of ₹2.00
Aug 28Shakti Pumps (India) (NSE:SHAKTIPUMP) Is Paying Out A Dividend Of ₹2.00
Aug 14We Think Shakti Pumps (India) (NSE:SHAKTIPUMP) Is Taking Some Risk With Its Debt
Aug 12Some Investors May Be Worried About Shakti Pumps (India)'s (NSE:SHAKTIPUMP) Returns On Capital
May 17Is Shakti Pumps (India) (NSE:SHAKTIPUMP) A Risky Investment?
Jan 24Shakti Pumps (India) (NSE:SHAKTIPUMP) Will Pay A Smaller Dividend Than Last Year
Sep 09Shakti Pumps (India) (NSE:SHAKTIPUMP) Has Announced That Its Dividend Will Be Reduced To ₹2.00
Aug 08Shakti Pumps (India) (NSE:SHAKTIPUMP) Has Announced That Its Dividend Will Be Reduced To ₹2.00
Jul 18Shakti Pumps (India) (NSE:SHAKTIPUMP) Is Aiming To Keep Up Its Impressive Returns
Jun 25A Look At The Intrinsic Value Of Shakti Pumps (India) Limited (NSE:SHAKTIPUMP)
Feb 25Is Shakti Pumps (India) (NSE:SHAKTIPUMP) A Risky Investment?
Nov 23Estimating The Fair Value Of Shakti Pumps (India) Limited (NSE:SHAKTIPUMP)
Oct 14Is Shakti Pumps (India) (NSE:SHAKTIPUMP) Using Too Much Debt?
Jun 02Calculating The Fair Value Of Shakti Pumps (India) Limited (NSE:SHAKTIPUMP)
May 12Here's What Shakti Pumps (India) Limited's (NSE:SHAKTIPUMP) Shareholder Ownership Structure Looks Like
Mar 10Have Shakti Pumps (India) Limited (NSE:SHAKTIPUMP) Insiders Been Selling Their Stock?
Feb 23Estimating The Fair Value Of Shakti Pumps (India) Limited (NSE:SHAKTIPUMP)
Feb 08Does Shakti Pumps (India) (NSE:SHAKTIPUMP) Have The DNA Of A Multi-Bagger?
Jan 26Shakti Pumps (India) (NSE:SHAKTIPUMP) Has A Somewhat Strained Balance Sheet
Jan 11Does Shakti Pumps (India)'s (NSE:SHAKTIPUMP) Share Price Gain of 70% Match Its Business Performance?
Dec 21Does Shakti Pumps (India)'s (NSE:SHAKTIPUMP) CEO Salary Compare Well With The Performance Of The Company?
Nov 30Have Insiders Been Buying Shakti Pumps (India) Limited (NSE:SHAKTIPUMP) Shares?
Nov 10
Shakti Pumps (India) Limited (NSE:SHAKTIPUMP) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Oct 20Financial Position Analysis
Short Term Liabilities: SHAKTIPUMP's short term assets (₹12.5B) exceed its short term liabilities (₹6.8B).
Long Term Liabilities: SHAKTIPUMP's short term assets (₹12.5B) exceed its long term liabilities (₹98.0M).
Debt to Equity History and Analysis
Debt Level: SHAKTIPUMP has more cash than its total debt.
Reducing Debt: SHAKTIPUMP's debt to equity ratio has reduced from 61.4% to 11% over the past 5 years.
Debt Coverage: SHAKTIPUMP's debt is well covered by operating cash flow (65.6%).
Interest Coverage: SHAKTIPUMP's interest payments on its debt are well covered by EBIT (10.7x coverage).