Shakti Press Balance Sheet Health
Financial Health criteria checks 3/6
Shakti Press has a total shareholder equity of ₹190.4M and total debt of ₹112.5M, which brings its debt-to-equity ratio to 59.1%. Its total assets and total liabilities are ₹347.1M and ₹156.7M respectively. Shakti Press's EBIT is ₹21.8M making its interest coverage ratio 2.8. It has cash and short-term investments of ₹525.0K.
Key information
59.1%
Debt to equity ratio
₹112.45m
Debt
Interest coverage ratio | 2.8x |
Cash | ₹525.00k |
Equity | ₹190.42m |
Total liabilities | ₹156.69m |
Total assets | ₹347.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526841's short term assets (₹229.8M) exceed its short term liabilities (₹99.2M).
Long Term Liabilities: 526841's short term assets (₹229.8M) exceed its long term liabilities (₹57.5M).
Debt to Equity History and Analysis
Debt Level: 526841's net debt to equity ratio (58.8%) is considered high.
Reducing Debt: 526841's debt to equity ratio has reduced from 270.7% to 59.1% over the past 5 years.
Debt Coverage: 526841's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: 526841's interest payments on its debt are not well covered by EBIT (2.8x coverage).