Shree Bhavya Fabrics Balance Sheet Health
Financial Health criteria checks 3/6
Shree Bhavya Fabrics has a total shareholder equity of ₹330.0M and total debt of ₹576.0M, which brings its debt-to-equity ratio to 174.5%. Its total assets and total liabilities are ₹1.5B and ₹1.2B respectively. Shree Bhavya Fabrics's EBIT is ₹97.2M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹16.0M.
Key information
174.5%
Debt to equity ratio
₹575.96m
Debt
Interest coverage ratio | 1.3x |
Cash | ₹16.03m |
Equity | ₹330.03m |
Total liabilities | ₹1.22b |
Total assets | ₹1.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521131's short term assets (₹1.4B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: 521131's short term assets (₹1.4B) exceed its long term liabilities (₹213.3M).
Debt to Equity History and Analysis
Debt Level: 521131's net debt to equity ratio (169.7%) is considered high.
Reducing Debt: 521131's debt to equity ratio has reduced from 214.4% to 174.5% over the past 5 years.
Debt Coverage: 521131's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: 521131's interest payments on its debt are not well covered by EBIT (1.3x coverage).