Shri Gang Industries & Allied Products Balance Sheet Health
Financial Health criteria checks 0/6
Shri Gang Industries & Allied Products has a total shareholder equity of ₹-299.5M and total debt of ₹1.3B, which brings its debt-to-equity ratio to -427.9%. Its total assets and total liabilities are ₹1.6B and ₹1.9B respectively. Shri Gang Industries & Allied Products's EBIT is ₹187.0M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹20.6M.
Key information
-427.9%
Debt to equity ratio
₹1.28b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹20.55m |
| Equity | -₹299.54m |
| Total liabilities | ₹1.93b |
| Total assets | ₹1.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523309 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 523309 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: 523309 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 523309's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 523309's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: 523309's interest payments on its debt are not well covered by EBIT (1.8x coverage).