Sheetal Cool Products Balance Sheet Health
Financial Health criteria checks 5/6
Sheetal Cool Products has a total shareholder equity of ₹1.2B and total debt of ₹678.0M, which brings its debt-to-equity ratio to 54.6%. Its total assets and total liabilities are ₹2.2B and ₹929.0M respectively. Sheetal Cool Products's EBIT is ₹355.7M making its interest coverage ratio 5.2. It has cash and short-term investments of ₹66.0M.
Key information
54.6%
Debt to equity ratio
₹678.00m
Debt
| Interest coverage ratio | 5.2x |
| Cash | ₹66.01m |
| Equity | ₹1.24b |
| Total liabilities | ₹929.00m |
| Total assets | ₹2.17b |
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 (₹755.3M).
Long Term Liabilities: 540757's short term assets (₹1.7B) exceed its long term liabilities (₹173.7M).
Debt to Equity History and Analysis
Debt Level: 540757's net debt to equity ratio (49.3%) is considered high.
Reducing Debt: 540757's debt to equity ratio has reduced from 88.4% to 54.6% over the past 5 years.
Debt Coverage: 540757's debt is well covered by operating cash flow (52.6%).
Interest Coverage: 540757's interest payments on its debt are well covered by EBIT (5.2x coverage).