Shukra Jewellery Balance Sheet Health
Financial Health criteria checks 4/6
Shukra Jewellery has a total shareholder equity of ₹353.6M and total debt of ₹6.1M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are ₹406.6M and ₹53.0M respectively.
Key information
1.7%
Debt to equity ratio
₹6.15m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹866.00k |
| Equity | ₹353.59m |
| Total liabilities | ₹53.03m |
| Total assets | ₹406.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523790's short term assets (₹334.7M) exceed its short term liabilities (₹53.0M).
Long Term Liabilities: 523790 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 523790's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: 523790's debt to equity ratio has reduced from 29.9% to 1.7% over the past 5 years.
Debt Coverage: 523790's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 523790's interest payments on its debt are well covered by EBIT.