Shakti Press Balance Sheet Health
Financial Health criteria checks 3/6
Shakti Press has a total shareholder equity of ₹188.0M and total debt of ₹115.9M, which brings its debt-to-equity ratio to 61.6%. Its total assets and total liabilities are ₹356.8M and ₹168.8M respectively. Shakti Press's EBIT is ₹8.6M making its interest coverage ratio 0.8. It has cash and short-term investments of ₹1.6M.
Key information
61.6%
Debt to equity ratio
₹115.88m
Debt
| Interest coverage ratio | 0.8x |
| Cash | ₹1.61m |
| Equity | ₹188.01m |
| Total liabilities | ₹168.77m |
| Total assets | ₹356.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526841's short term assets (₹243.2M) exceed its short term liabilities (₹133.7M).
Long Term Liabilities: 526841's short term assets (₹243.2M) exceed its long term liabilities (₹35.0M).
Debt to Equity History and Analysis
Debt Level: 526841's net debt to equity ratio (60.8%) is considered high.
Reducing Debt: 526841's debt to equity ratio has reduced from 141.6% to 61.6% over the past 5 years.
Debt Coverage: 526841's debt is not well covered by operating cash flow (4.1%).
Interest Coverage: 526841's interest payments on its debt are not well covered by EBIT (0.8x coverage).