Shivagrico Implements Balance Sheet Health
Financial Health criteria checks 4/6
Shivagrico Implements has a total shareholder equity of ₹75.0M and total debt of ₹175.5M, which brings its debt-to-equity ratio to 233.9%. Its total assets and total liabilities are ₹272.6M and ₹197.6M respectively. Shivagrico Implements's EBIT is ₹13.6M making its interest coverage ratio 1.2. It has cash and short-term investments of ₹977.0K.
Key information
233.9%
Debt to equity ratio
₹175.47m
Debt
| Interest coverage ratio | 1.2x |
| Cash | ₹977.00k |
| Equity | ₹75.03m |
| Total liabilities | ₹197.60m |
| Total assets | ₹272.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522237's short term assets (₹165.5M) exceed its short term liabilities (₹164.7M).
Long Term Liabilities: 522237's short term assets (₹165.5M) exceed its long term liabilities (₹32.9M).
Debt to Equity History and Analysis
Debt Level: 522237's net debt to equity ratio (232.6%) is considered high.
Reducing Debt: 522237's debt to equity ratio has reduced from 237.7% to 233.9% over the past 5 years.
Debt Coverage: 522237's debt is well covered by operating cash flow (31.9%).
Interest Coverage: 522237's interest payments on its debt are not well covered by EBIT (1.2x coverage).