Shekhawati Poly-Yarn Balance Sheet Health
Financial Health criteria checks 1/6
Shekhawati Poly-Yarn has a total shareholder equity of ₹-1.4B and total debt of ₹2.0B, which brings its debt-to-equity ratio to -143.2%. Its total assets and total liabilities are ₹1.0B and ₹2.4B respectively. Shekhawati Poly-Yarn's EBIT is ₹37.1M making its interest coverage ratio -270.5. It has cash and short-term investments of ₹27.2M.
Key information
-143.2%
Debt to equity ratio
₹2.02b
Debt
| Interest coverage ratio | -270.5x |
| Cash | ₹27.17m |
| Equity | -₹1.41b |
| Total liabilities | ₹2.45b |
| Total assets | ₹1.04b |
Recent financial health updates
No updates
Recent updates
Further Upside For Shekhawati Poly-Yarn Limited (NSE:SPYL) Shares Could Introduce Price Risks After 26% Bounce
Apr 09
Estimating 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: SPYL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SPYL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: SPYL has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SPYL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: SPYL's debt is not well covered by operating cash flow (5.3%).
Interest Coverage: SPYL earns more interest than it pays, so coverage of interest payments is not a concern.