Shivagrico Implements Balance Sheet Health
Financial Health criteria checks 1/6
Shivagrico Implements has a total shareholder equity of ₹74.0M and total debt of ₹191.7M, which brings its debt-to-equity ratio to 259%. Its total assets and total liabilities are ₹287.0M and ₹212.9M respectively. Shivagrico Implements's EBIT is ₹12.3M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹15.7M.
Key information
259.0%
Debt to equity ratio
₹191.73m
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₹15.69m |
| Equity | ₹74.04m |
| Total liabilities | ₹212.93m |
| Total assets | ₹286.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522237's short term assets (₹174.7M) do not cover its short term liabilities (₹175.7M).
Long Term Liabilities: 522237's short term assets (₹174.7M) exceed its long term liabilities (₹37.3M).
Debt to Equity History and Analysis
Debt Level: 522237's net debt to equity ratio (237.8%) is considered high.
Reducing Debt: 522237's debt to equity ratio has increased from 193.7% to 259% over the past 5 years.
Debt Coverage: 522237's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: 522237's interest payments on its debt are not well covered by EBIT (1.1x coverage).