Shukra Jewellery Balance Sheet Health
Financial Health criteria checks 5/6
Shukra Jewellery has a total shareholder equity of ₹352.6M and total debt of ₹4.0M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are ₹421.9M and ₹69.4M respectively. Shukra Jewellery's EBIT is ₹287.0K making its interest coverage ratio -0.4. It has cash and short-term investments of ₹150.0K.
Key information
1.1%
Debt to equity ratio
₹4.04m
Debt
Interest coverage ratio | -0.4x |
Cash | ₹150.00k |
Equity | ₹352.55m |
Total liabilities | ₹69.39m |
Total assets | ₹421.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523790's short term assets (₹171.7M) exceed its short term liabilities (₹69.4M).
Long Term Liabilities: 523790 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 523790's net debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: 523790's debt to equity ratio has reduced from 31.1% to 1.1% over the past 5 years.
Debt Coverage: 523790's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 523790 earns more interest than it pays, so coverage of interest payments is not a concern.