Shahlon Silk Industries Balance Sheet Health
Financial Health criteria checks 3/6
Shahlon Silk Industries has a total shareholder equity of ₹1.0B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 140.9%. Its total assets and total liabilities are ₹3.3B and ₹2.2B respectively. Shahlon Silk Industries's EBIT is ₹199.0M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹11.8M.
Key information
140.9%
Debt to equity ratio
₹1.48b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₹11.80m |
| Equity | ₹1.05b |
| Total liabilities | ₹2.21b |
| Total assets | ₹3.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542862's short term assets (₹2.3B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 542862's short term assets (₹2.3B) exceed its long term liabilities (₹895.5M).
Debt to Equity History and Analysis
Debt Level: 542862's net debt to equity ratio (139.8%) is considered high.
Reducing Debt: 542862's debt to equity ratio has reduced from 184.1% to 140.9% over the past 5 years.
Debt Coverage: 542862's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 542862's interest payments on its debt are not well covered by EBIT (1.4x coverage).