Sheetal Cool Products Balance Sheet Health
Financial Health criteria checks 5/6
Sheetal Cool Products has a total shareholder equity of ₹1.0B and total debt of ₹783.7M, which brings its debt-to-equity ratio to 74.8%. Its total assets and total liabilities are ₹2.2B and ₹1.1B respectively. Sheetal Cool Products's EBIT is ₹338.9M making its interest coverage ratio 4.5. It has cash and short-term investments of ₹43.8M.
Key information
74.8%
Debt to equity ratio
₹783.71m
Debt
Interest coverage ratio | 4.5x |
Cash | ₹43.80m |
Equity | ₹1.05b |
Total liabilities | ₹1.12b |
Total assets | ₹2.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540757's short term assets (₹1.7B) exceed its short term liabilities (₹814.6M).
Long Term Liabilities: 540757's short term assets (₹1.7B) exceed its long term liabilities (₹300.9M).
Debt to Equity History and Analysis
Debt Level: 540757's net debt to equity ratio (70.6%) is considered high.
Reducing Debt: 540757's debt to equity ratio has reduced from 117.8% to 74.8% over the past 5 years.
Debt Coverage: 540757's debt is well covered by operating cash flow (23.8%).
Interest Coverage: 540757's interest payments on its debt are well covered by EBIT (4.5x coverage).