Sheela Foam Balance Sheet Health
Financial Health criteria checks 5/6
Sheela Foam has a total shareholder equity of ₹28.7B and total debt of ₹5.7B, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are ₹40.1B and ₹11.4B respectively. Sheela Foam's EBIT is ₹2.1B making its interest coverage ratio 11.7. It has cash and short-term investments of ₹15.7B.
Key information
20.0%
Debt to equity ratio
₹5.73b
Debt
Interest coverage ratio | 11.7x |
Cash | ₹15.74b |
Equity | ₹28.69b |
Total liabilities | ₹11.39b |
Total assets | ₹40.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540203's short term assets (₹22.1B) exceed its short term liabilities (₹7.0B).
Long Term Liabilities: 540203's short term assets (₹22.1B) exceed its long term liabilities (₹4.4B).
Debt to Equity History and Analysis
Debt Level: 540203 has more cash than its total debt.
Reducing Debt: 540203's debt to equity ratio has increased from 5.5% to 20% over the past 5 years.
Debt Coverage: 540203's debt is well covered by operating cash flow (53.3%).
Interest Coverage: 540203's interest payments on its debt are well covered by EBIT (11.7x coverage).