Shekhawati Industries Balance Sheet Health
Financial Health criteria checks 6/6
Shekhawati Industries has a total shareholder equity of ₹72.7M and total debt of ₹8.4M, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are ₹441.1M and ₹368.4M respectively. Shekhawati Industries's EBIT is ₹121.6M making its interest coverage ratio 286.8. It has cash and short-term investments of ₹17.3M.
Key information
11.6%
Debt to equity ratio
₹8.44m
Debt
Interest coverage ratio | 286.8x |
Cash | ₹17.26m |
Equity | ₹72.73m |
Total liabilities | ₹368.40m |
Total assets | ₹441.13m |
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 24Further 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 (₹345.7M) exceed its short term liabilities (₹282.6M).
Long Term Liabilities: SHEKHAWATI's short term assets (₹345.7M) exceed its long term liabilities (₹85.8M).
Debt to Equity History and Analysis
Debt Level: SHEKHAWATI has more cash than its total debt.
Reducing Debt: SHEKHAWATI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: SHEKHAWATI's debt is well covered by operating cash flow (1463.4%).
Interest Coverage: SHEKHAWATI's interest payments on its debt are well covered by EBIT (286.8x coverage).