Sheela Foam Balance Sheet Health
Financial Health criteria checks 4/6
Sheela Foam has a total shareholder equity of ₹30.6B and total debt of ₹12.4B, which brings its debt-to-equity ratio to 40.5%. Its total assets and total liabilities are ₹53.7B and ₹23.1B respectively. Sheela Foam's EBIT is ₹1.5B making its interest coverage ratio 1.5. It has cash and short-term investments of ₹4.9B.
Key information
40.5%
Debt to equity ratio
₹12.38b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹4.95b |
| Equity | ₹30.57b |
| Total liabilities | ₹23.14b |
| Total assets | ₹53.71b |
Recent financial health updates
Is Sheela Foam (NSE:SFL) A Risky Investment?
Jan 22
Is Sheela Foam (NSE:SFL) Using Too Much Debt?
Aug 19Here's Why Sheela Foam (NSE:SFL) Can Manage Its Debt Responsibly
Mar 25Sheela Foam (NSE:SFL) Seems To Use Debt Quite Sensibly
Sep 29Is Sheela Foam (NSE:SFL) Using Too Much Debt?
Jun 10Here's Why Sheela Foam (NSE:SFL) Can Manage Its Debt Responsibly
Mar 06Recent updates
Sheela Foam's (NSE:SFL) Earnings Quality Is Low
May 29Sheela Foam Limited Just Beat Revenue Estimates By 5.9%
May 25Sheela Foam Limited Just Beat Revenue Estimates By 13%
Feb 09Is Sheela Foam (NSE:SFL) A Risky Investment?
Jan 22Is Sheela Foam (NSE:SFL) Using Too Much Debt?
Aug 19Be Wary Of Sheela Foam (NSE:SFL) And Its Returns On Capital
Jun 16Here's Why Sheela Foam (NSE:SFL) Can Manage Its Debt Responsibly
Mar 25Sheela Foam (NSE:SFL) Is Reinvesting At Lower Rates Of Return
Dec 23Sheela Foam (NSE:SFL) Seems To Use Debt Quite Sensibly
Sep 29Sheela Foam (NSE:SFL) Will Be Hoping To Turn Its Returns On Capital Around
Sep 03Is Sheela Foam (NSE:SFL) Using Too Much Debt?
Jun 10Sheela Foam (NSE:SFL) Could Be Struggling To Allocate Capital
May 20With EPS Growth And More, Sheela Foam (NSE:SFL) Is Interesting
Mar 29Here's Why Sheela Foam (NSE:SFL) Can Manage Its Debt Responsibly
Mar 06Investors Could Be Concerned With Sheela Foam's (NSE:SFL) Returns On Capital
Jan 30I Ran A Stock Scan For Earnings Growth And Sheela Foam (NSE:SFL) Passed With Ease
Dec 23Does Sheela Foam (NSE:SFL) Have A Healthy Balance Sheet?
Nov 25There Are Reasons To Feel Uneasy About Sheela Foam's (NSE:SFL) Returns On Capital
Oct 14I Ran A Stock Scan For Earnings Growth And Sheela Foam (NSE:SFL) Passed With Ease
Sep 22We Think Sheela Foam Limited's (NSE:SFL) CEO Compensation Looks Fair
Aug 13We Think That There Are Some Issues For Sheela Foam (NSE:SFL) Beyond Its Promising Earnings
Jul 31Is Sheela Foam (NSE:SFL) Using Too Much Debt?
Jun 22Capital Allocation Trends At Sheela Foam (NSE:SFL) Aren't Ideal
May 31Is Now The Time To Put Sheela Foam (NSE:SFL) On Your Watchlist?
Mar 16Returns On Capital At Sheela Foam (NSE:SFL) Paint An Interesting Picture
Feb 24Are Strong Financial Prospects The Force That Is Driving The Momentum In Sheela Foam Limited's NSE:SFL) Stock?
Feb 09Sheela Foam (NSE:SFL) Shareholders Booked A 37% Gain In The Last Year
Jan 25We Think Sheela Foam (NSE:SFL) Can Stay On Top Of Its Debt
Jan 04Have Insiders Been Selling Sheela Foam Limited (NSE:SFL) Shares This Year?
Dec 14Financial Position Analysis
Short Term Liabilities: SFL's short term assets (₹14.4B) exceed its short term liabilities (₹12.9B).
Long Term Liabilities: SFL's short term assets (₹14.4B) exceed its long term liabilities (₹10.2B).
Debt to Equity History and Analysis
Debt Level: SFL's net debt to equity ratio (24.3%) is considered satisfactory.
Reducing Debt: SFL's debt to equity ratio has increased from 3.5% to 40.5% over the past 5 years.
Debt Coverage: SFL's debt is well covered by operating cash flow (23.3%).
Interest Coverage: SFL's interest payments on its debt are not well covered by EBIT (1.5x coverage).