Skipper Balance Sheet Health
Financial Health criteria checks 4/6
Skipper has a total shareholder equity of ₹9.0B and total debt of ₹5.8B, which brings its debt-to-equity ratio to 64.3%. Its total assets and total liabilities are ₹31.4B and ₹22.5B respectively. Skipper's EBIT is ₹2.7B making its interest coverage ratio 1.7. It has cash and short-term investments of ₹1.3B.
Key information
64.3%
Debt to equity ratio
₹5.77b
Debt
Interest coverage ratio | 1.7x |
Cash | ₹1.35b |
Equity | ₹8.98b |
Total liabilities | ₹22.47b |
Total assets | ₹31.45b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SKIPPERPP's short term assets (₹23.2B) exceed its short term liabilities (₹17.6B).
Long Term Liabilities: SKIPPERPP's short term assets (₹23.2B) exceed its long term liabilities (₹4.9B).
Debt to Equity History and Analysis
Debt Level: SKIPPERPP's net debt to equity ratio (49.3%) is considered high.
Reducing Debt: SKIPPERPP's debt to equity ratio has reduced from 80.4% to 64.3% over the past 5 years.
Debt Coverage: SKIPPERPP's debt is well covered by operating cash flow (34.5%).
Interest Coverage: SKIPPERPP's interest payments on its debt are not well covered by EBIT (1.7x coverage).