Shivalik Bimetal Controls Balance Sheet Health
Financial Health criteria checks 6/6
Shivalik Bimetal Controls has a total shareholder equity of ₹3.7B and total debt of ₹385.4M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are ₹4.7B and ₹977.5M respectively. Shivalik Bimetal Controls's EBIT is ₹973.1M making its interest coverage ratio 69. It has cash and short-term investments of ₹548.8M.
Key information
10.3%
Debt to equity ratio
₹385.41m
Debt
| Interest coverage ratio | 69x |
| Cash | ₹548.83m |
| Equity | ₹3.73b |
| Total liabilities | ₹977.54m |
| Total assets | ₹4.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513097's short term assets (₹3.1B) exceed its short term liabilities (₹812.4M).
Long Term Liabilities: 513097's short term assets (₹3.1B) exceed its long term liabilities (₹165.1M).
Debt to Equity History and Analysis
Debt Level: 513097 has more cash than its total debt.
Reducing Debt: 513097's debt to equity ratio has reduced from 20.8% to 10.3% over the past 5 years.
Debt Coverage: 513097's debt is well covered by operating cash flow (180.6%).
Interest Coverage: 513097's interest payments on its debt are well covered by EBIT (69x coverage).