Shoora Designs Balance Sheet Health
Financial Health criteria checks 4/6
Shoora Designs has a total shareholder equity of ₹15.9M and total debt of ₹30.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ₹16.9M and ₹1.0M respectively. Shoora Designs's EBIT is ₹1.6M making its interest coverage ratio 93.3. It has cash and short-term investments of ₹1.5M.
Key information
0.2%
Debt to equity ratio
₹30.02k
Debt
Interest coverage ratio | 93.3x |
Cash | ₹1.50m |
Equity | ₹15.86m |
Total liabilities | ₹1.04m |
Total assets | ₹16.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543970's short term assets (₹16.5M) exceed its short term liabilities (₹1.0M).
Long Term Liabilities: 543970 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 543970 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 543970's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543970's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543970's interest payments on its debt are well covered by EBIT (93.3x coverage).