Shalimar Paints Balance Sheet Health
Financial Health criteria checks 4/6
Shalimar Paints has a total shareholder equity of ₹3.2B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 40.4%. Its total assets and total liabilities are ₹5.7B and ₹2.5B respectively.
Key information
40.4%
Debt to equity ratio
₹1.28b
Debt
Interest coverage ratio | n/a |
Cash | ₹45.60m |
Equity | ₹3.18b |
Total liabilities | ₹2.54b |
Total assets | ₹5.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509874's short term assets (₹2.8B) exceed its short term liabilities (₹2.4B).
Long Term Liabilities: 509874's short term assets (₹2.8B) exceed its long term liabilities (₹179.1M).
Debt to Equity History and Analysis
Debt Level: 509874's net debt to equity ratio (38.9%) is considered satisfactory.
Reducing Debt: 509874's debt to equity ratio has reduced from 60.6% to 40.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 509874 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 509874 has less than a year of cash runway if free cash flow continues to grow at historical rates of 3.4% each year.