Share India Securities Balance Sheet Health
Financial Health criteria checks 4/6
Share India Securities has a total shareholder equity of ₹12.3B and total debt of ₹6.3B, which brings its debt-to-equity ratio to 51.1%. Its total assets and total liabilities are ₹24.2B and ₹11.9B respectively.
Key information
51.1%
Debt to equity ratio
₹6.29b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹16.86b |
| Equity | ₹12.31b |
| Total liabilities | ₹11.87b |
| Total assets | ₹24.19b |
Recent financial health updates
No updates
Recent updates
Share India Securities' (NSE:SHAREINDIA) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 23
Does Share India Securities (NSE:SHAREINDIA) Deserve A Spot On Your Watchlist?
Jun 17Does Share India Securities (NSE:SHAREINDIA) Deserve A Spot On Your Watchlist?
Jan 19Here's What Share India Securities Limited's (NSE:SHAREINDIA) Shareholder Ownership Structure Looks Like
Mar 16Potential Upside For Share India Securities Limited (NSE:SHAREINDIA) Not Without Risk
Feb 08Vijay Rana Is The Chief Financial Officer of Share India Securities Limited (NSE:SHAREINDIA) And They Just Sold 36% Of Their Shares
Dec 18Are You An Income Investor? Don't Miss Out On Share India Securities Limited (NSE:SHAREINDIA)
Sep 22
Financial Position Analysis
Short Term Liabilities: SHAREINDIA's short term assets (₹19.4B) exceed its short term liabilities (₹9.1B).
Long Term Liabilities: SHAREINDIA's short term assets (₹19.4B) exceed its long term liabilities (₹2.8B).
Debt to Equity History and Analysis
Debt Level: SHAREINDIA has more cash than its total debt.
Reducing Debt: SHAREINDIA's debt to equity ratio has reduced from 64.7% to 51.1% over the past 5 years.
Debt Coverage: SHAREINDIA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SHAREINDIA's interest payments on its debt are well covered by EBIT.