Skipper Balance Sheet Health
Financial Health criteria checks 4/6
Skipper has a total shareholder equity of ₹9.6B and total debt of ₹7.4B, which brings its debt-to-equity ratio to 76.6%. Its total assets and total liabilities are ₹34.2B and ₹24.5B respectively. Skipper's EBIT is ₹3.4B making its interest coverage ratio 2. It has cash and short-term investments of ₹1.4B.
Key information
76.6%
Debt to equity ratio
₹7.36b
Debt
| Interest coverage ratio | 2x |
| Cash | ₹1.36b |
| Equity | ₹9.61b |
| Total liabilities | ₹24.54b |
| Total assets | ₹34.15b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SKIPPERPP's short term assets (₹25.5B) exceed its short term liabilities (₹20.1B).
Long Term Liabilities: SKIPPERPP's short term assets (₹25.5B) exceed its long term liabilities (₹4.4B).
Debt to Equity History and Analysis
Debt Level: SKIPPERPP's net debt to equity ratio (62.4%) is considered high.
Reducing Debt: SKIPPERPP's debt to equity ratio has reduced from 95.2% to 76.6% over the past 5 years.
Debt Coverage: SKIPPERPP's debt is well covered by operating cash flow (37.3%).
Interest Coverage: SKIPPERPP's interest payments on its debt are not well covered by EBIT (2x coverage).