Essar Shipping Balance Sheet Health
Financial Health criteria checks 0/6
Essar Shipping has a total shareholder equity of ₹-25.8B and total debt of ₹26.4B, which brings its debt-to-equity ratio to -102.6%. Its total assets and total liabilities are ₹9.6B and ₹35.4B respectively.
Key information
-102.6%
Debt to equity ratio
₹26.42b
Debt
Interest coverage ratio | n/a |
Cash | ₹158.40m |
Equity | -₹25.75b |
Total liabilities | ₹35.37b |
Total assets | ₹9.61b |
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 debt is not well covered by operating cash flow (18.2%).
Interest Coverage: Insufficient data to determine if ESSARSHPNG's interest payments on its debt are well covered by EBIT.