Shivalic Power Control Balance Sheet Health
Financial Health criteria checks 4/6
Shivalic Power Control has a total shareholder equity of ₹412.0M and total debt of ₹319.5M, which brings its debt-to-equity ratio to 77.5%. Its total assets and total liabilities are ₹905.5M and ₹493.5M respectively. Shivalic Power Control's EBIT is ₹212.1M making its interest coverage ratio 7.5. It has cash and short-term investments of ₹12.8M.
Key information
77.5%
Debt to equity ratio
₹319.50m
Debt
| Interest coverage ratio | 7.5x |
| Cash | ₹12.83m |
| Equity | ₹412.04m |
| Total liabilities | ₹493.46m |
| Total assets | ₹905.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPCL's short term assets (₹713.5M) exceed its short term liabilities (₹442.2M).
Long Term Liabilities: SPCL's short term assets (₹713.5M) exceed its long term liabilities (₹51.3M).
Debt to Equity History and Analysis
Debt Level: SPCL's net debt to equity ratio (74.4%) is considered high.
Reducing Debt: SPCL's debt to equity ratio has reduced from 124% to 77.5% over the past 5 years.
Debt Coverage: SPCL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SPCL's interest payments on its debt are well covered by EBIT (7.5x coverage).