Shekhawati Poly-Yarn Balance Sheet Health
Financial Health criteria checks 1/6
Shekhawati Poly-Yarn has a total shareholder equity of ₹-1.4B and total debt of ₹2.0B, which brings its debt-to-equity ratio to -143.2%. Its total assets and total liabilities are ₹1.0B and ₹2.4B respectively. Shekhawati Poly-Yarn's EBIT is ₹37.1M making its interest coverage ratio -270.5. It has cash and short-term investments of ₹27.2M.
Key information
-143.2%
Debt to equity ratio
₹2.02b
Debt
Interest coverage ratio | -270.5x |
Cash | ₹27.17m |
Equity | -₹1.41b |
Total liabilities | ₹2.45b |
Total assets | ₹1.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533301 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 533301 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 533301 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 533301's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 533301's debt is not well covered by operating cash flow (5.3%).
Interest Coverage: 533301 earns more interest than it pays, so coverage of interest payments is not a concern.