Shri Venkatesh Refineries Balance Sheet Health
Financial Health criteria checks 2/6
Shri Venkatesh Refineries has a total shareholder equity of ₹766.1M and total debt of ₹1.4B, which brings its debt-to-equity ratio to 178.1%. Its total assets and total liabilities are ₹2.6B and ₹1.9B respectively. Shri Venkatesh Refineries's EBIT is ₹289.0M making its interest coverage ratio 2.7. It has cash and short-term investments of ₹74.9M.
Key information
178.1%
Debt to equity ratio
₹1.36b
Debt
Interest coverage ratio | 2.7x |
Cash | ₹74.86m |
Equity | ₹766.09m |
Total liabilities | ₹1.87b |
Total assets | ₹2.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543373's short term assets (₹2.4B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: 543373's short term assets (₹2.4B) exceed its long term liabilities (₹328.1M).
Debt to Equity History and Analysis
Debt Level: 543373's net debt to equity ratio (168.3%) is considered high.
Reducing Debt: 543373's debt to equity ratio has increased from 150.1% to 178.1% over the past 5 years.
Debt Coverage: 543373's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543373's interest payments on its debt are not well covered by EBIT (2.7x coverage).