Shri Bholanath Carpets Balance Sheet Health
Financial Health criteria checks 2/6
Shri Bholanath Carpets has a total shareholder equity of ₹128.8M and total debt of ₹124.0M, which brings its debt-to-equity ratio to 96.2%. Its total assets and total liabilities are ₹329.3M and ₹200.5M respectively. Shri Bholanath Carpets's EBIT is ₹9.2M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹12.0M.
Key information
96.2%
Debt to equity ratio
₹123.95m
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₹12.00m |
| Equity | ₹128.84m |
| Total liabilities | ₹200.47m |
| Total assets | ₹329.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530841's short term assets (₹251.5M) exceed its short term liabilities (₹123.4M).
Long Term Liabilities: 530841's short term assets (₹251.5M) exceed its long term liabilities (₹77.1M).
Debt to Equity History and Analysis
Debt Level: 530841's net debt to equity ratio (86.9%) is considered high.
Reducing Debt: 530841's debt to equity ratio has increased from 79.7% to 96.2% over the past 5 years.
Debt Coverage: 530841's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 530841's interest payments on its debt are not well covered by EBIT (1.1x coverage).