Sheetal Universal Balance Sheet Health
Financial Health criteria checks 3/6
Sheetal Universal has a total shareholder equity of ₹64.9M and total debt of ₹135.6M, which brings its debt-to-equity ratio to 208.9%. Its total assets and total liabilities are ₹280.4M and ₹215.5M respectively. Sheetal Universal's EBIT is ₹22.1M making its interest coverage ratio 4. It has cash and short-term investments of ₹23.8M.
Key information
208.9%
Debt to equity ratio
₹135.62m
Debt
Interest coverage ratio | 4x |
Cash | ₹23.80m |
Equity | ₹64.92m |
Total liabilities | ₹215.48m |
Total assets | ₹280.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHEETAL's short term assets (₹221.4M) exceed its short term liabilities (₹176.9M).
Long Term Liabilities: SHEETAL's short term assets (₹221.4M) exceed its long term liabilities (₹38.6M).
Debt to Equity History and Analysis
Debt Level: SHEETAL's net debt to equity ratio (172.2%) is considered high.
Reducing Debt: Insufficient data to determine if SHEETAL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SHEETAL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SHEETAL's interest payments on its debt are well covered by EBIT (4x coverage).