Shree Hari Chemicals Export Limited

BSE:524336 Stock Report

Market Cap: ₹436.8m

Shree Hari Chemicals Export Balance Sheet Health

Financial Health criteria checks 2/6

Shree Hari Chemicals Export has a total shareholder equity of ₹202.9M and total debt of ₹268.3M, which brings its debt-to-equity ratio to 132.2%. Its total assets and total liabilities are ₹715.5M and ₹512.6M respectively. Shree Hari Chemicals Export's EBIT is ₹51.7M making its interest coverage ratio 2. It has cash and short-term investments of ₹38.6M.

Key information

132.2%

Debt to equity ratio

₹268.29m

Debt

Interest coverage ratio2x
Cash₹38.63m
Equity₹202.90m
Total liabilities₹512.65m
Total assets₹715.55m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 524336's short term assets (₹363.6M) do not cover its short term liabilities (₹466.4M).

Long Term Liabilities: 524336's short term assets (₹363.6M) exceed its long term liabilities (₹46.3M).


Debt to Equity History and Analysis

Debt Level: 524336's net debt to equity ratio (113.2%) is considered high.

Reducing Debt: 524336's debt to equity ratio has increased from 0% to 132.2% over the past 5 years.

Debt Coverage: 524336's debt is well covered by operating cash flow (37.1%).

Interest Coverage: 524336's interest payments on its debt are not well covered by EBIT (2x coverage).


Balance Sheet


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