Shubhshree Biofuels Energy Balance Sheet Health
Financial Health criteria checks 5/6
Shubhshree Biofuels Energy has a total shareholder equity of ₹71.1M and total debt of ₹6.1M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are ₹139.7M and ₹68.6M respectively. Shubhshree Biofuels Energy's EBIT is ₹47.6M making its interest coverage ratio 27.3. It has cash and short-term investments of ₹19.3M.
Key information
8.5%
Debt to equity ratio
₹6.07m
Debt
| Interest coverage ratio | 27.3x |
| Cash | ₹19.28m |
| Equity | ₹71.13m |
| Total liabilities | ₹68.56m |
| Total assets | ₹139.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHUBHSHREE's short term assets (₹127.0M) exceed its short term liabilities (₹63.1M).
Long Term Liabilities: SHUBHSHREE's short term assets (₹127.0M) exceed its long term liabilities (₹5.5M).
Debt to Equity History and Analysis
Debt Level: SHUBHSHREE has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SHUBHSHREE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SHUBHSHREE's debt is well covered by operating cash flow (131.6%).
Interest Coverage: SHUBHSHREE's interest payments on its debt are well covered by EBIT (27.3x coverage).