Shakti Pumps (India) Balance Sheet Health
Financial Health criteria checks 6/6
Shakti Pumps (India) has a total shareholder equity of ₹9.4B and total debt of ₹1.6B, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are ₹18.5B and ₹9.1B respectively. Shakti Pumps (India)'s EBIT is ₹4.8B making its interest coverage ratio 18.8. It has cash and short-term investments of ₹1.8B.
Key information
17.1%
Debt to equity ratio
₹1.61b
Debt
| Interest coverage ratio | 18.8x |
| Cash | ₹1.79b |
| Equity | ₹9.42b |
| Total liabilities | ₹9.08b |
| Total assets | ₹18.50b |
Recent financial health updates
Is Shakti Pumps (India) (NSE:SHAKTIPUMP) Using Too Much Debt?
Jun 13
Is Shakti Pumps (India) (NSE:SHAKTIPUMP) Using Too Much Debt?
Feb 27We 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 02Recent updates
Shakti Pumps (India)'s (NSE:SHAKTIPUMP) Attractive Earnings Are Not All Good News For Shareholders
Nov 03Revenues Tell The Story For Shakti Pumps (India) Limited (NSE:SHAKTIPUMP)
Oct 12Investors Should Be Encouraged By Shakti Pumps (India)'s (NSE:SHAKTIPUMP) Returns On Capital
Sep 20Shakti Pumps (India) Limited's (NSE:SHAKTIPUMP) Shares Climb 29% But Its Business Is Yet to Catch Up
Jun 25Is Shakti Pumps (India) (NSE:SHAKTIPUMP) Using Too Much Debt?
Jun 13Investors Shouldn't Be Too Comfortable With Shakti Pumps (India)'s (NSE:SHAKTIPUMP) Earnings
May 04Subdued 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 02Financial Position Analysis
Short Term Liabilities: SHAKTIPUMP's short term assets (₹16.1B) exceed its short term liabilities (₹8.5B).
Long Term Liabilities: SHAKTIPUMP's short term assets (₹16.1B) exceed its long term liabilities (₹615.8M).
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 17.1% over the past 5 years.
Debt Coverage: SHAKTIPUMP's debt is well covered by operating cash flow (24.3%).
Interest Coverage: SHAKTIPUMP's interest payments on its debt are well covered by EBIT (18.8x coverage).