Shree Karthik Papers Balance Sheet Health
Financial Health criteria checks 1/6
Shree Karthik Papers has a total shareholder equity of ₹24.5M and total debt of ₹229.7M, which brings its debt-to-equity ratio to 937.8%. Its total assets and total liabilities are ₹366.4M and ₹341.9M respectively. Shree Karthik Papers's EBIT is ₹12.4M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹52.0K.
Key information
937.8%
Debt to equity ratio
₹229.70m
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹52.00k |
| Equity | ₹24.49m |
| Total liabilities | ₹341.87m |
| Total assets | ₹366.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 516106's short term assets (₹159.8M) do not cover its short term liabilities (₹336.5M).
Long Term Liabilities: 516106's short term assets (₹159.8M) exceed its long term liabilities (₹5.4M).
Debt to Equity History and Analysis
Debt Level: 516106's net debt to equity ratio (937.6%) is considered high.
Reducing Debt: 516106's debt to equity ratio has increased from 759.5% to 937.8% over the past 5 years.
Debt Coverage: 516106's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: 516106's interest payments on its debt are not well covered by EBIT (1.5x coverage).