Shardul Securities Balance Sheet Health
Financial Health criteria checks 3/6
Shardul Securities has a total shareholder equity of ₹8.1B and total debt of ₹93.8M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ₹8.7B and ₹534.5M respectively.
Key information
1.2%
Debt to equity ratio
₹93.83m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹348.83m |
| Equity | ₹8.14b |
| Total liabilities | ₹534.51m |
| Total assets | ₹8.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512393's short term assets (₹389.3M) exceed its short term liabilities (₹323.1M).
Long Term Liabilities: 512393's short term assets (₹389.3M) exceed its long term liabilities (₹211.4M).
Debt to Equity History and Analysis
Debt Level: 512393 has more cash than its total debt.
Reducing Debt: 512393's debt to equity ratio has increased from 0% to 1.2% over the past 5 years.
Debt Coverage: 512393's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 512393's interest payments on its debt are well covered by EBIT.