Shiva Texyarn Balance Sheet Health
Financial Health criteria checks 3/6
Shiva Texyarn has a total shareholder equity of ₹1.3B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 85.3%. Its total assets and total liabilities are ₹3.0B and ₹1.8B respectively. Shiva Texyarn's EBIT is ₹66.3M making its interest coverage ratio 0.7. It has cash and short-term investments of ₹53.9M.
Key information
85.3%
Debt to equity ratio
₹1.08b
Debt
| Interest coverage ratio | 0.7x |
| Cash | ₹53.87m |
| Equity | ₹1.27b |
| Total liabilities | ₹1.76b |
| Total assets | ₹3.03b |
Recent financial health updates
Would Shiva Texyarn (NSE:SHIVATEX) Be Better Off With Less Debt?
Jul 17
Shiva Texyarn (NSE:SHIVATEX) Is Making Moderate Use Of Debt
Jan 30Shiva Texyarn (NSE:SHIVATEX) Is Carrying A Fair Bit Of Debt
Jul 29Is Shiva Texyarn (NSE:SHIVATEX) A Risky Investment?
Mar 28These 4 Measures Indicate That Shiva Texyarn (NSE:SHIVATEX) Is Using Debt Extensively
Dec 26Shiva Texyarn (NSE:SHIVATEX) Has A Pretty Healthy Balance Sheet
Jun 17Recent updates
Shiva Texyarn Limited (NSE:SHIVATEX) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Nov 09Shiva Texyarn Limited (NSE:SHIVATEX) Investors Are Less Pessimistic Than Expected
Sep 20Would Shiva Texyarn (NSE:SHIVATEX) Be Better Off With Less Debt?
Jul 17Risks To Shareholder Returns Are Elevated At These Prices For Shiva Texyarn Limited (NSE:SHIVATEX)
May 23What Shiva Texyarn Limited's (NSE:SHIVATEX) 36% Share Price Gain Is Not Telling You
Feb 02Shiva Texyarn (NSE:SHIVATEX) Is Making Moderate Use Of Debt
Jan 30Shiva Texyarn (NSE:SHIVATEX) Is Carrying A Fair Bit Of Debt
Jul 29Is Shiva Texyarn (NSE:SHIVATEX) A Risky Investment?
Mar 28Some Investors May Be Worried About Shiva Texyarn's (NSE:SHIVATEX) Returns On Capital
Jan 31These 4 Measures Indicate That Shiva Texyarn (NSE:SHIVATEX) Is Using Debt Extensively
Dec 26Shiva Texyarn (NSE:SHIVATEX) Is Increasing Its Dividend To ₹1.40
Aug 21Shiva Texyarn (NSE:SHIVATEX) Has A Pretty Healthy Balance Sheet
Jun 17Shiva Texyarn (NSE:SHIVATEX) Could Become A Multi-Bagger
May 12Is Shiva Texyarn (NSE:SHIVATEX) Using Too Much Debt?
Feb 23Shiva Texyarn (NSE:SHIVATEX) Has More To Do To Multiply In Value Going Forward
Jan 26Shiva Texyarn's (NSE:SHIVATEX) Promising Earnings May Rest On Soft Foundations
Nov 20Returns At Shiva Texyarn (NSE:SHIVATEX) Are On The Way Up
Oct 05The Returns At Shiva Texyarn (NSE:SHIVATEX) Aren't Growing
Apr 14Our Take On The Returns On Capital At Shiva Texyarn (NSE:SHIVATEX)
Dec 28Shiva Texyarn (NSE:SHIVATEX) Use Of Debt Could Be Considered Risky
Nov 30With A 1.5% Return On Equity, Is Shiva Texyarn Limited (NSE:SHIVATEX) A Quality Stock?
Nov 02
Unpleasant Surprises Could Be In Store For Shiva Texyarn Limited's (NSE:SHIVATEX) Shares
Sep 28Returns On Capital At Shiva Texyarn (NSE:SHIVATEX) Paint An Interesting Picture
Sep 01Financial Position Analysis
Short Term Liabilities: SHIVATEX's short term assets (₹1.2B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: SHIVATEX's short term assets (₹1.2B) exceed its long term liabilities (₹651.9M).
Debt to Equity History and Analysis
Debt Level: SHIVATEX's net debt to equity ratio (81.1%) is considered high.
Reducing Debt: SHIVATEX's debt to equity ratio has reduced from 188.8% to 85.3% over the past 5 years.
Debt Coverage: SHIVATEX's debt is not well covered by operating cash flow (2.2%).
Interest Coverage: SHIVATEX's interest payments on its debt are not well covered by EBIT (0.7x coverage).