Sheetal Cool Products Balance Sheet Health
Financial Health criteria checks 5/6
Sheetal Cool Products has a total shareholder equity of ₹1.1B and total debt of ₹835.7M, which brings its debt-to-equity ratio to 73%. Its total assets and total liabilities are ₹2.3B and ₹1.2B respectively. Sheetal Cool Products's EBIT is ₹356.3M making its interest coverage ratio 4.2. It has cash and short-term investments of ₹50.4M.
Key information
73.0%
Debt to equity ratio
₹835.69m
Debt
| Interest coverage ratio | 4.2x |
| Cash | ₹50.42m |
| Equity | ₹1.15b |
| Total liabilities | ₹1.20b |
| Total assets | ₹2.35b |
Recent financial health updates
Recent updates
Take Care Before Jumping Onto Sheetal Cool Products Limited (NSE:SCPL) Even Though It's 26% Cheaper
Jul 22
Under The Bonnet, Sheetal Cool Products' (NSE:SCPL) Returns Look Impressive
Jul 17A Piece Of The Puzzle Missing From Sheetal Cool Products Limited's (NSE:SCPL) 28% Share Price Climb
May 25Is Sheetal Cool Products (NSE:SCPL) A Risky Investment?
May 14Sheetal Cool Products (NSE:SCPL) Could Become A Multi-Bagger
Mar 18Investors Still Aren't Entirely Convinced By Sheetal Cool Products Limited's (NSE:SCPL) Earnings Despite 32% Price Jump
Feb 21Sheetal Cool Products Limited (NSE:SCPL) Not Lagging Market On Growth Or Pricing
Nov 24Financial Position Analysis
Short Term Liabilities: SCPL's short term assets (₹1.9B) exceed its short term liabilities (₹954.3M).
Long Term Liabilities: SCPL's short term assets (₹1.9B) exceed its long term liabilities (₹247.9M).
Debt to Equity History and Analysis
Debt Level: SCPL's net debt to equity ratio (68.6%) is considered high.
Reducing Debt: SCPL's debt to equity ratio has reduced from 88.4% to 73% over the past 5 years.
Debt Coverage: SCPL's debt is well covered by operating cash flow (35.8%).
Interest Coverage: SCPL's interest payments on its debt are well covered by EBIT (4.2x coverage).