Shree Cement Balance Sheet Health
Financial Health criteria checks 6/6
Shree Cement has a total shareholder equity of ₹195.4B and total debt of ₹20.0B, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are ₹267.2B and ₹71.8B respectively. Shree Cement's EBIT is ₹23.2B making its interest coverage ratio -47.6. It has cash and short-term investments of ₹52.9B.
Key information
10.3%
Debt to equity ratio
₹20.05b
Debt
Interest coverage ratio | -47.6x |
Cash | ₹52.86b |
Equity | ₹195.36b |
Total liabilities | ₹71.80b |
Total assets | ₹267.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500387's short term assets (₹107.4B) exceed its short term liabilities (₹59.2B).
Long Term Liabilities: 500387's short term assets (₹107.4B) exceed its long term liabilities (₹12.6B).
Debt to Equity History and Analysis
Debt Level: 500387 has more cash than its total debt.
Reducing Debt: 500387's debt to equity ratio has reduced from 32% to 10.3% over the past 5 years.
Debt Coverage: 500387's debt is well covered by operating cash flow (187.5%).
Interest Coverage: 500387 earns more interest than it pays, so coverage of interest payments is not a concern.