Shree Krishna Paper Mills & Industries Balance Sheet Health
Financial Health criteria checks 3/6
Shree Krishna Paper Mills & Industries has a total shareholder equity of ₹347.2M and total debt of ₹225.2M, which brings its debt-to-equity ratio to 64.9%. Its total assets and total liabilities are ₹895.5M and ₹548.3M respectively. Shree Krishna Paper Mills & Industries's EBIT is ₹56.2M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹31.9M.
Key information
64.9%
Debt to equity ratio
₹225.21m
Debt
Interest coverage ratio | 1.9x |
Cash | ₹31.89m |
Equity | ₹347.21m |
Total liabilities | ₹548.27m |
Total assets | ₹895.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500388's short term assets (₹468.9M) exceed its short term liabilities (₹410.8M).
Long Term Liabilities: 500388's short term assets (₹468.9M) exceed its long term liabilities (₹137.5M).
Debt to Equity History and Analysis
Debt Level: 500388's net debt to equity ratio (55.7%) is considered high.
Reducing Debt: 500388's debt to equity ratio has increased from 37.8% to 64.9% over the past 5 years.
Debt Coverage: 500388's debt is well covered by operating cash flow (72.5%).
Interest Coverage: 500388's interest payments on its debt are not well covered by EBIT (1.9x coverage).