Shangar Décor Balance Sheet Health
Financial Health criteria checks 3/6
Shangar Décor has a total shareholder equity of ₹82.5M and total debt of ₹92.3M, which brings its debt-to-equity ratio to 112%. Its total assets and total liabilities are ₹263.5M and ₹181.0M respectively. Shangar Décor's EBIT is ₹21.7M making its interest coverage ratio 47.8. It has cash and short-term investments of ₹2.9M.
Key information
112.0%
Debt to equity ratio
₹92.34m
Debt
| Interest coverage ratio | 47.8x |
| Cash | ₹2.92m |
| Equity | ₹82.46m |
| Total liabilities | ₹180.99m |
| Total assets | ₹263.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540259's short term assets (₹134.5M) exceed its short term liabilities (₹87.2M).
Long Term Liabilities: 540259's short term assets (₹134.5M) exceed its long term liabilities (₹93.8M).
Debt to Equity History and Analysis
Debt Level: 540259's net debt to equity ratio (108.4%) is considered high.
Reducing Debt: 540259's debt to equity ratio has increased from 58.7% to 112% over the past 5 years.
Debt Coverage: 540259's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: 540259's interest payments on its debt are well covered by EBIT (47.8x coverage).