Essar Shipping Balance Sheet Health
Financial Health criteria checks 0/6
Essar Shipping has a total shareholder equity of ₹-24.1B and total debt of ₹17.5B, which brings its debt-to-equity ratio to -72.5%. Its total assets and total liabilities are ₹3.4B and ₹27.5B respectively.
Key information
-72.5%
Debt to equity ratio
₹17.46b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹61.80m |
| Equity | -₹24.08b |
| Total liabilities | ₹27.51b |
| Total assets | ₹3.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ESSARSHPNG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ESSARSHPNG has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ESSARSHPNG has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ESSARSHPNG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ESSARSHPNG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ESSARSHPNG's interest payments on its debt are well covered by EBIT.