Shiva Mills Balance Sheet Health
Financial Health criteria checks 4/6
Shiva Mills has a total shareholder equity of ₹944.5M and total debt of ₹117.5M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are ₹1.2B and ₹272.7M respectively.
Key information
12.4%
Debt to equity ratio
₹117.53m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹2.39m |
| Equity | ₹944.51m |
| Total liabilities | ₹272.71m |
| Total assets | ₹1.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540961's short term assets (₹567.5M) exceed its short term liabilities (₹255.6M).
Long Term Liabilities: 540961's short term assets (₹567.5M) exceed its long term liabilities (₹17.1M).
Debt to Equity History and Analysis
Debt Level: 540961's net debt to equity ratio (12.2%) is considered satisfactory.
Reducing Debt: 540961's debt to equity ratio has reduced from 57.2% to 12.4% over the past 5 years.
Debt Coverage: 540961's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 540961's interest payments on its debt are well covered by EBIT.