Sheela Foam Balance Sheet Health
Financial Health criteria checks 2/6
Sheela Foam has a total shareholder equity of ₹29.8B and total debt of ₹12.8B, which brings its debt-to-equity ratio to 43%. Its total assets and total liabilities are ₹53.4B and ₹23.6B respectively. Sheela Foam's EBIT is ₹2.1B making its interest coverage ratio 3.3. It has cash and short-term investments of ₹661.9M.
Key information
43.0%
Debt to equity ratio
₹12.81b
Debt
| Interest coverage ratio | 3.3x |
| Cash | ₹661.90m |
| Equity | ₹29.81b |
| Total liabilities | ₹23.59b |
| Total assets | ₹53.40b |
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 14Has Sheela Foam (NSE:SFL) Got What It Takes To Become A Multi-Bagger?
Nov 22
Will Weakness in Sheela Foam Limited's (NSE:SFL) Stock Prove Temporary Given Strong Fundamentals?
Nov 05Would Shareholders Who Purchased Sheela Foam's (NSE:SFL) Stock Three Years Be Happy With The Share price Today?
Oct 20Financial Position Analysis
Short Term Liabilities: SFL's short term assets (₹8.7B) do not cover its short term liabilities (₹11.3B).
Long Term Liabilities: SFL's short term assets (₹8.7B) do not cover its long term liabilities (₹12.3B).
Debt to Equity History and Analysis
Debt Level: SFL's net debt to equity ratio (40.8%) is considered high.
Reducing Debt: SFL's debt to equity ratio has increased from 4.2% to 43% over the past 5 years.
Debt Coverage: SFL's debt is well covered by operating cash flow (31.7%).
Interest Coverage: SFL's interest payments on its debt are well covered by EBIT (3.3x coverage).