Shree Karthik Papers Balance Sheet Health
Financial Health criteria checks 1/6
Shree Karthik Papers has a total shareholder equity of ₹23.9M and total debt of ₹248.8M, which brings its debt-to-equity ratio to 1039.1%. Its total assets and total liabilities are ₹388.5M and ₹364.5M respectively. Shree Karthik Papers's EBIT is ₹17.1M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹159.0K.
Key information
1,039.1%
Debt to equity ratio
₹248.79m
Debt
Interest coverage ratio | 1.9x |
Cash | ₹159.00k |
Equity | ₹23.94m |
Total liabilities | ₹364.52m |
Total assets | ₹388.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 516106's short term assets (₹189.7M) do not cover its short term liabilities (₹347.8M).
Long Term Liabilities: 516106's short term assets (₹189.7M) exceed its long term liabilities (₹16.8M).
Debt to Equity History and Analysis
Debt Level: 516106's net debt to equity ratio (1038.4%) is considered high.
Reducing Debt: 516106's debt to equity ratio has increased from 165.5% to 1039.1% over the past 5 years.
Debt Coverage: 516106's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: 516106's interest payments on its debt are not well covered by EBIT (1.9x coverage).