Shekhawati Industries Balance Sheet Health
Financial Health criteria checks 6/6
Shekhawati Industries has a total shareholder equity of ₹72.7M and total debt of ₹8.4M, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are ₹441.1M and ₹368.4M respectively. Shekhawati Industries's EBIT is ₹121.6M making its interest coverage ratio 286.8. It has cash and short-term investments of ₹17.3M.
Key information
11.6%
Debt to equity ratio
₹8.44m
Debt
Interest coverage ratio | 286.8x |
Cash | ₹17.26m |
Equity | ₹72.73m |
Total liabilities | ₹368.40m |
Total assets | ₹441.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533301's short term assets (₹345.7M) exceed its short term liabilities (₹282.6M).
Long Term Liabilities: 533301's short term assets (₹345.7M) exceed its long term liabilities (₹85.8M).
Debt to Equity History and Analysis
Debt Level: 533301 has more cash than its total debt.
Reducing Debt: 533301 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 533301's debt is well covered by operating cash flow (1463.4%).
Interest Coverage: 533301's interest payments on its debt are well covered by EBIT (286.8x coverage).