Shree Bhavya Fabrics Balance Sheet Health
Financial Health criteria checks 3/6
Shree Bhavya Fabrics has a total shareholder equity of ₹341.6M and total debt of ₹577.0M, which brings its debt-to-equity ratio to 168.9%. Its total assets and total liabilities are ₹1.6B and ₹1.3B respectively. Shree Bhavya Fabrics's EBIT is ₹99.7M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹21.1M.
Key information
168.9%
Debt to equity ratio
₹576.97m
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₹21.14m |
| Equity | ₹341.56m |
| Total liabilities | ₹1.31b |
| Total assets | ₹1.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521131's short term assets (₹1.5B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 521131's short term assets (₹1.5B) exceed its long term liabilities (₹222.9M).
Debt to Equity History and Analysis
Debt Level: 521131's net debt to equity ratio (162.7%) is considered high.
Reducing Debt: 521131's debt to equity ratio has reduced from 236.4% to 168.9% over the past 5 years.
Debt Coverage: 521131's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: 521131's interest payments on its debt are not well covered by EBIT (1.4x coverage).