Shri Venkatesh Refineries Balance Sheet Health
Financial Health criteria checks 3/6
Shri Venkatesh Refineries has a total shareholder equity of ₹832.2M and total debt of ₹1.3B, which brings its debt-to-equity ratio to 158%. Its total assets and total liabilities are ₹2.6B and ₹1.8B respectively. Shri Venkatesh Refineries's EBIT is ₹285.4M making its interest coverage ratio 3.4. It has cash and short-term investments of ₹67.9M.
Key information
158.0%
Debt to equity ratio
₹1.32b
Debt
| Interest coverage ratio | 3.4x |
| Cash | ₹67.85m |
| Equity | ₹832.23m |
| Total liabilities | ₹1.75b |
| Total assets | ₹2.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543373's short term assets (₹2.3B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: 543373's short term assets (₹2.3B) exceed its long term liabilities (₹392.8M).
Debt to Equity History and Analysis
Debt Level: 543373's net debt to equity ratio (149.9%) is considered high.
Reducing Debt: 543373's debt to equity ratio has increased from 132.1% to 158% 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 well covered by EBIT (3.4x coverage).