Star Paper Mills Balance Sheet Health
Financial Health criteria checks 5/6
Star Paper Mills has a total shareholder equity of ₹6.2B and total debt of ₹51.7M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ₹7.7B and ₹1.5B respectively. Star Paper Mills's EBIT is ₹614.6M making its interest coverage ratio -10.7. It has cash and short-term investments of ₹2.1B.
Key information
0.8%
Debt to equity ratio
₹51.65m
Debt
Interest coverage ratio | -10.7x |
Cash | ₹2.10b |
Equity | ₹6.21b |
Total liabilities | ₹1.48b |
Total assets | ₹7.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 516022's short term assets (₹3.2B) exceed its short term liabilities (₹627.0M).
Long Term Liabilities: 516022's short term assets (₹3.2B) exceed its long term liabilities (₹855.1M).
Debt to Equity History and Analysis
Debt Level: 516022 has more cash than its total debt.
Reducing Debt: 516022's debt to equity ratio has increased from 0% to 0.8% over the past 5 years.
Debt Coverage: 516022's debt is well covered by operating cash flow (1101.1%).
Interest Coverage: 516022 earns more interest than it pays, so coverage of interest payments is not a concern.