Sharda Ispat Balance Sheet Health
Financial Health criteria checks 6/6
Sharda Ispat has a total shareholder equity of ₹445.0M and total debt of ₹137.9M, which brings its debt-to-equity ratio to 31%. Its total assets and total liabilities are ₹644.3M and ₹199.2M respectively. Sharda Ispat's EBIT is ₹162.6M making its interest coverage ratio 32.3. It has cash and short-term investments of ₹36.0M.
Key information
31.0%
Debt to equity ratio
₹137.95m
Debt
Interest coverage ratio | 32.3x |
Cash | ₹36.03m |
Equity | ₹445.03m |
Total liabilities | ₹199.23m |
Total assets | ₹644.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513548's short term assets (₹605.2M) exceed its short term liabilities (₹192.6M).
Long Term Liabilities: 513548's short term assets (₹605.2M) exceed its long term liabilities (₹6.6M).
Debt to Equity History and Analysis
Debt Level: 513548's net debt to equity ratio (22.9%) is considered satisfactory.
Reducing Debt: 513548's debt to equity ratio has reduced from 41.7% to 31% over the past 5 years.
Debt Coverage: 513548's debt is well covered by operating cash flow (84.8%).
Interest Coverage: 513548's interest payments on its debt are well covered by EBIT (32.3x coverage).