Shiva Mills Balance Sheet Health
Financial Health criteria checks 4/6
Shiva Mills has a total shareholder equity of ₹972.5M and total debt of ₹72.5M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are ₹1.2B and ₹201.2M respectively.
Key information
7.5%
Debt to equity ratio
₹72.51m
Debt
Interest coverage ratio | n/a |
Cash | ₹5.65m |
Equity | ₹972.48m |
Total liabilities | ₹201.19m |
Total assets | ₹1.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540961's short term assets (₹480.4M) exceed its short term liabilities (₹176.5M).
Long Term Liabilities: 540961's short term assets (₹480.4M) exceed its long term liabilities (₹24.7M).
Debt to Equity History and Analysis
Debt Level: 540961's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: 540961's debt to equity ratio has reduced from 44.6% to 7.5% 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.