Shera Energy Balance Sheet Health
Financial Health criteria checks 4/6
Shera Energy has a total shareholder equity of ₹1.3B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 93.7%. Its total assets and total liabilities are ₹4.4B and ₹3.2B respectively. Shera Energy's EBIT is ₹458.0M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹159.2M.
Key information
93.7%
Debt to equity ratio
₹1.20b
Debt
Interest coverage ratio | 1.5x |
Cash | ₹159.18m |
Equity | ₹1.28b |
Total liabilities | ₹3.16b |
Total assets | ₹4.44b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SHERA's short term assets (₹3.5B) exceed its short term liabilities (₹2.6B).
Long Term Liabilities: SHERA's short term assets (₹3.5B) exceed its long term liabilities (₹518.1M).
Debt to Equity History and Analysis
Debt Level: SHERA's net debt to equity ratio (81.2%) is considered high.
Reducing Debt: SHERA's debt to equity ratio has reduced from 181.4% to 93.7% over the past 5 years.
Debt Coverage: SHERA's debt is well covered by operating cash flow (31.9%).
Interest Coverage: SHERA's interest payments on its debt are not well covered by EBIT (1.5x coverage).