Shah Alloys Balance Sheet Health
Financial Health criteria checks 4/6
Shah Alloys has a total shareholder equity of ₹319.0M and total debt of ₹706.5M, which brings its debt-to-equity ratio to 221.5%. Its total assets and total liabilities are ₹2.8B and ₹2.5B respectively.
Key information
221.5%
Debt to equity ratio
₹706.50m
Debt
Interest coverage ratio | n/a |
Cash | ₹2.40m |
Equity | ₹319.00m |
Total liabilities | ₹2.49b |
Total assets | ₹2.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513436's short term assets (₹1.1B) do not cover its short term liabilities (₹2.4B).
Long Term Liabilities: 513436's short term assets (₹1.1B) exceed its long term liabilities (₹60.0M).
Debt to Equity History and Analysis
Debt Level: 513436's net debt to equity ratio (220.7%) is considered high.
Reducing Debt: 513436 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: Whilst unprofitable 513436 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 513436 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 11.5% per year.