Shivansh Finserve Balance Sheet Health
Financial Health criteria checks 3/6
Shivansh Finserve has a total shareholder equity of ₹65.9M and total debt of ₹100.0M, which brings its debt-to-equity ratio to 151.9%. Its total assets and total liabilities are ₹167.0M and ₹101.1M respectively. Shivansh Finserve's EBIT is ₹981.0K making its interest coverage ratio -0.3. It has cash and short-term investments of ₹50.2M.
Key information
151.9%
Debt to equity ratio
₹100.05m
Debt
| Interest coverage ratio | -0.3x |
| Cash | ₹50.24m |
| Equity | ₹65.88m |
| Total liabilities | ₹101.09m |
| Total assets | ₹166.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539593's short term assets (₹162.9M) exceed its short term liabilities (₹33.0M).
Long Term Liabilities: 539593's short term assets (₹162.9M) exceed its long term liabilities (₹68.1M).
Debt to Equity History and Analysis
Debt Level: 539593's net debt to equity ratio (75.6%) is considered high.
Reducing Debt: 539593's debt to equity ratio has increased from 55.6% to 151.9% over the past 5 years.
Debt Coverage: 539593's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539593 earns more interest than it pays, so coverage of interest payments is not a concern.