Shekhawati Industries Balance Sheet Health
Financial Health criteria checks 6/6
Shekhawati Industries has a total shareholder equity of ₹122.9M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹433.8M and ₹311.0M respectively. Shekhawati Industries's EBIT is ₹113.2M making its interest coverage ratio -3.7. It has cash and short-term investments of ₹17.8M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -3.7x |
| Cash | ₹17.78m |
| Equity | ₹122.85m |
| Total liabilities | ₹310.97m |
| Total assets | ₹433.82m |
Recent financial health updates
No updates
Recent updates
Investors Still Aren't Entirely Convinced By Shekhawati Poly-Yarn Limited's (NSE:SPYL) Revenues Despite 29% Price Jump
May 24
Further Upside For Shekhawati Poly-Yarn Limited (NSE:SPYL) Shares Could Introduce Price Risks After 26% Bounce
Apr 09Estimating The Intrinsic Value Of Shekhawati Poly-Yarn Limited (NSE:SPYL)
Mar 06Revenues Not Telling The Story For Shekhawati Poly-Yarn Limited (NSE:SPYL) After Shares Rise 75%
Dec 18Increases to CEO Compensation Might Be Put On Hold For Now at Shekhawati Poly-Yarn Limited (NSE:SPYL)
Sep 09Market Might Still Lack Some Conviction On Shekhawati Poly-Yarn Limited (NSE:SPYL) Even After 38% Share Price Boost
Sep 02Market Might Still Lack Some Conviction On Shekhawati Poly-Yarn Limited (NSE:SPYL) Even After 38% Share Price Boost
Sep 02Shrey Ruia Just Bought 36% More Shares In Shekhawati Poly-Yarn Limited (NSE:SPYL)
Oct 05Financial Position Analysis
Short Term Liabilities: SHEKHAWATI's short term assets (₹333.7M) exceed its short term liabilities (₹287.6M).
Long Term Liabilities: SHEKHAWATI's short term assets (₹333.7M) exceed its long term liabilities (₹23.4M).
Debt to Equity History and Analysis
Debt Level: SHEKHAWATI is debt free.
Reducing Debt: SHEKHAWATI currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: SHEKHAWATI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SHEKHAWATI has no debt, therefore coverage of interest payments is not a concern.