Shangar Décor Balance Sheet Health
Financial Health criteria checks 3/6
Shangar Décor has a total shareholder equity of ₹66.2M and total debt of ₹98.1M, which brings its debt-to-equity ratio to 148.2%. Its total assets and total liabilities are ₹227.9M and ₹161.7M respectively. Shangar Décor's EBIT is ₹1.9M making its interest coverage ratio 4.1. It has cash and short-term investments of ₹2.4M.
Key information
148.2%
Debt to equity ratio
₹98.11m
Debt
Interest coverage ratio | 4.1x |
Cash | ₹2.41m |
Equity | ₹66.18m |
Total liabilities | ₹161.74m |
Total assets | ₹227.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540259's short term assets (₹109.9M) exceed its short term liabilities (₹62.2M).
Long Term Liabilities: 540259's short term assets (₹109.9M) exceed its long term liabilities (₹99.6M).
Debt to Equity History and Analysis
Debt Level: 540259's net debt to equity ratio (144.6%) is considered high.
Reducing Debt: 540259's debt to equity ratio has increased from 14.6% to 148.2% over the past 5 years.
Debt Coverage: 540259's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: 540259's interest payments on its debt are well covered by EBIT (4.1x coverage).