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 ₹516.3M 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
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 (₹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 178% 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).