Shetron Balance Sheet Health
Financial Health criteria checks 4/6
Shetron has a total shareholder equity of ₹535.7M and total debt of ₹616.3M, which brings its debt-to-equity ratio to 115%. Its total assets and total liabilities are ₹1.5B and ₹1.0B respectively. Shetron's EBIT is ₹184.3M making its interest coverage ratio 4.2. It has cash and short-term investments of ₹50.4M.
Key information
115.0%
Debt to equity ratio
₹616.30m
Debt
Interest coverage ratio | 4.2x |
Cash | ₹50.40m |
Equity | ₹535.70m |
Total liabilities | ₹1.00b |
Total assets | ₹1.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526137's short term assets (₹1.0B) exceed its short term liabilities (₹700.6M).
Long Term Liabilities: 526137's short term assets (₹1.0B) exceed its long term liabilities (₹299.9M).
Debt to Equity History and Analysis
Debt Level: 526137's net debt to equity ratio (105.6%) is considered high.
Reducing Debt: 526137's debt to equity ratio has reduced from 157.6% to 115% over the past 5 years.
Debt Coverage: 526137's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: 526137's interest payments on its debt are well covered by EBIT (4.2x coverage).