Sharat Industries Balance Sheet Health
Financial Health criteria checks 3/6
Sharat Industries has a total shareholder equity of ₹832.5M and total debt of ₹912.2M, which brings its debt-to-equity ratio to 109.6%. Its total assets and total liabilities are ₹2.1B and ₹1.2B respectively. Sharat Industries's EBIT is ₹180.8M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹44.5M.
Key information
109.6%
Debt to equity ratio
₹912.24m
Debt
Interest coverage ratio | 1.9x |
Cash | ₹44.49m |
Equity | ₹832.52m |
Total liabilities | ₹1.23b |
Total assets | ₹2.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519397's short term assets (₹1.5B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 519397's short term assets (₹1.5B) exceed its long term liabilities (₹170.1M).
Debt to Equity History and Analysis
Debt Level: 519397's net debt to equity ratio (104.2%) is considered high.
Reducing Debt: 519397's debt to equity ratio has reduced from 110.1% to 109.6% over the past 5 years.
Debt Coverage: 519397's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: 519397's interest payments on its debt are not well covered by EBIT (1.9x coverage).