Shanti Educational Initiatives Balance Sheet Health
Financial Health criteria checks 5/6
Shanti Educational Initiatives has a total shareholder equity of ₹664.3M and total debt of ₹18.7M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are ₹716.3M and ₹52.0M respectively. Shanti Educational Initiatives's EBIT is ₹68.0M making its interest coverage ratio -4.7. It has cash and short-term investments of ₹20.2M.
Key information
2.8%
Debt to equity ratio
₹18.69m
Debt
Interest coverage ratio | -4.7x |
Cash | ₹20.21m |
Equity | ₹664.29m |
Total liabilities | ₹51.96m |
Total assets | ₹716.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539921's short term assets (₹103.9M) exceed its short term liabilities (₹34.5M).
Long Term Liabilities: 539921's short term assets (₹103.9M) exceed its long term liabilities (₹17.4M).
Debt to Equity History and Analysis
Debt Level: 539921 has more cash than its total debt.
Reducing Debt: 539921's debt to equity ratio has reduced from 10% to 2.8% over the past 5 years.
Debt Coverage: 539921's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539921 earns more interest than it pays, so coverage of interest payments is not a concern.