Sheela Foam Balance Sheet Health
Financial Health criteria checks 4/6
Sheela Foam has a total shareholder equity of ₹30.6B and total debt of ₹12.4B, which brings its debt-to-equity ratio to 40.5%. Its total assets and total liabilities are ₹53.7B and ₹23.1B respectively. Sheela Foam's EBIT is ₹1.5B making its interest coverage ratio 1.5. It has cash and short-term investments of ₹4.9B.
Key information
40.5%
Debt to equity ratio
₹12.38b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹4.95b |
| Equity | ₹30.57b |
| Total liabilities | ₹23.14b |
| Total assets | ₹53.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540203's short term assets (₹14.4B) exceed its short term liabilities (₹12.9B).
Long Term Liabilities: 540203's short term assets (₹14.4B) exceed its long term liabilities (₹10.2B).
Debt to Equity History and Analysis
Debt Level: 540203's net debt to equity ratio (24.3%) is considered satisfactory.
Reducing Debt: 540203's debt to equity ratio has increased from 3.5% to 40.5% over the past 5 years.
Debt Coverage: 540203's debt is well covered by operating cash flow (23.3%).
Interest Coverage: 540203's interest payments on its debt are not well covered by EBIT (1.5x coverage).