Shera Energy Balance Sheet Health
Financial Health criteria checks 3/6
Shera Energy has a total shareholder equity of ₹1.6B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 97.1%. Its total assets and total liabilities are ₹5.1B and ₹3.5B respectively. Shera Energy's EBIT is ₹495.1M making its interest coverage ratio 2.7. It has cash and short-term investments of ₹180.6M.
Key information
97.1%
Debt to equity ratio
₹1.52b
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₹180.59m |
| Equity | ₹1.56b |
| Total liabilities | ₹3.54b |
| Total assets | ₹5.10b |
Recent financial health updates
No updates
Recent updates
Here's Why We Think Shera Energy (NSE:SHERA) Might Deserve Your Attention Today
Aug 07
Be Wary Of Shera Energy (NSE:SHERA) And Its Returns On Capital
Jun 05Market Might Still Lack Some Conviction On Shera Energy Limited (NSE:SHERA) Even After 41% Share Price Boost
Apr 12Here's Why We Think Shera Energy (NSE:SHERA) Might Deserve Your Attention Today
Mar 13Financial Position Analysis
Short Term Liabilities: SHERA's short term assets (₹4.0B) exceed its short term liabilities (₹3.1B).
Long Term Liabilities: SHERA's short term assets (₹4.0B) exceed its long term liabilities (₹464.0M).
Debt to Equity History and Analysis
Debt Level: SHERA's net debt to equity ratio (85.5%) is considered high.
Reducing Debt: SHERA's debt to equity ratio has reduced from 174.8% to 97.1% over the past 5 years.
Debt Coverage: SHERA's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: SHERA's interest payments on its debt are not well covered by EBIT (2.7x coverage).