Shahlon Silk Industries Balance Sheet Health
Financial Health criteria checks 4/6
Shahlon Silk Industries has a total shareholder equity of ₹1.0B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 104.9%. Its total assets and total liabilities are ₹2.6B and ₹1.6B respectively. Shahlon Silk Industries's EBIT is ₹178.2M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹18.2M.
Key information
104.9%
Debt to equity ratio
₹1.05b
Debt
Interest coverage ratio | 1.3x |
Cash | ₹18.15m |
Equity | ₹1.00b |
Total liabilities | ₹1.63b |
Total assets | ₹2.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542862's short term assets (₹1.7B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 542862's short term assets (₹1.7B) exceed its long term liabilities (₹362.5M).
Debt to Equity History and Analysis
Debt Level: 542862's net debt to equity ratio (103%) is considered high.
Reducing Debt: 542862's debt to equity ratio has reduced from 201.6% to 104.9% over the past 5 years.
Debt Coverage: 542862's debt is well covered by operating cash flow (23.8%).
Interest Coverage: 542862's interest payments on its debt are not well covered by EBIT (1.3x coverage).