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 ratio | 2x |
| 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).