Shiva Mills Balance Sheet Health
Financial Health criteria checks 4/6
Shiva Mills has a total shareholder equity of ₹972.5M and total debt of ₹72.5M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are ₹1.2B and ₹201.2M respectively.
Key information
7.5%
Debt to equity ratio
₹72.51m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹5.65m |
| Equity | ₹972.48m |
| Total liabilities | ₹201.19m |
| Total assets | ₹1.17b |
Recent financial health updates
Here's Why Shiva Mills (NSE:SHIVAMILLS) Can Manage Its Debt Responsibly
Mar 17
We Think Shiva Mills (NSE:SHIVAMILLS) Is Taking Some Risk With Its Debt
Dec 17Recent updates
Shiva Mills Limited's (NSE:SHIVAMILLS) 31% Price Boost Is Out Of Tune With Revenues
Dec 18Shiva Mills (NSE:SHIVAMILLS) Has More To Do To Multiply In Value Going Forward
Dec 23The Trend Of High Returns At Shiva Mills (NSE:SHIVAMILLS) Has Us Very Interested
Jul 26Shiva Mills' (NSE:SHIVAMILLS) Earnings Are Of Questionable Quality
Jun 02The Trend Of High Returns At Shiva Mills (NSE:SHIVAMILLS) Has Us Very Interested
Apr 06Shiva Mills (NSE:SHIVAMILLS) Is Very Good At Capital Allocation
Dec 08Here's Why Shiva Mills (NSE:SHIVAMILLS) Can Manage Its Debt Responsibly
Mar 17Is Shiva Mills (NSE:SHIVAMILLS) Shrinking?
Feb 08
We Think Shiva Mills (NSE:SHIVAMILLS) Is Taking Some Risk With Its Debt
Dec 17Financial Position Analysis
Short Term Liabilities: SHIVAMILLS's short term assets (₹480.4M) exceed its short term liabilities (₹176.5M).
Long Term Liabilities: SHIVAMILLS's short term assets (₹480.4M) exceed its long term liabilities (₹24.7M).
Debt to Equity History and Analysis
Debt Level: SHIVAMILLS's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: SHIVAMILLS's debt to equity ratio has reduced from 44.6% to 7.5% over the past 5 years.
Debt Coverage: SHIVAMILLS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SHIVAMILLS's interest payments on its debt are well covered by EBIT.