Shree Karthik Papers Balance Sheet Health
Financial Health criteria checks 1/6
Shree Karthik Papers has a total shareholder equity of ₹28.5M and total debt of ₹211.7M, which brings its debt-to-equity ratio to 743.8%. Its total assets and total liabilities are ₹359.0M and ₹330.5M respectively. Shree Karthik Papers's EBIT is ₹10.8M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹1.2M.
Key information
743.8%
Debt to equity ratio
₹211.68m
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₹1.23m |
| Equity | ₹28.46m |
| Total liabilities | ₹330.54m |
| Total assets | ₹359.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 516106's short term assets (₹155.7M) do not cover its short term liabilities (₹325.4M).
Long Term Liabilities: 516106's short term assets (₹155.7M) exceed its long term liabilities (₹5.1M).
Debt to Equity History and Analysis
Debt Level: 516106's net debt to equity ratio (739.4%) is considered high.
Reducing Debt: 516106's debt to equity ratio has increased from 573% to 743.8% over the past 5 years.
Debt Coverage: 516106's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: 516106's interest payments on its debt are not well covered by EBIT (1.6x coverage).