Star Paper Mills Balance Sheet Health
Financial Health criteria checks 5/6
Star Paper Mills has a total shareholder equity of ₹6.5B and total debt of ₹50.1M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ₹7.9B and ₹1.4B respectively. Star Paper Mills's EBIT is ₹388.6M making its interest coverage ratio 40.6. It has cash and short-term investments of ₹2.0B.
Key information
0.8%
Debt to equity ratio
₹50.05m
Debt
| Interest coverage ratio | 40.6x |
| Cash | ₹2.02b |
| Equity | ₹6.47b |
| Total liabilities | ₹1.42b |
| Total assets | ₹7.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 516022's short term assets (₹3.3B) exceed its short term liabilities (₹534.5M).
Long Term Liabilities: 516022's short term assets (₹3.3B) exceed its long term liabilities (₹888.3M).
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 0.3% to 0.8% over the past 5 years.
Debt Coverage: 516022's debt is well covered by operating cash flow (516.2%).
Interest Coverage: 516022's interest payments on its debt are well covered by EBIT (40.6x coverage).