Shetron Balance Sheet Health
Financial Health criteria checks 3/6
Shetron has a total shareholder equity of ₹564.4M and total debt of ₹605.1M, which brings its debt-to-equity ratio to 107.2%. Its total assets and total liabilities are ₹1.6B and ₹1.0B respectively. Shetron's EBIT is ₹165.9M making its interest coverage ratio 2. It has cash and short-term investments of ₹55.2M.
Key information
107.2%
Debt to equity ratio
₹605.10m
Debt
| Interest coverage ratio | 2x |
| Cash | ₹55.20m |
| Equity | ₹564.40m |
| Total liabilities | ₹1.01b |
| Total assets | ₹1.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526137's short term assets (₹1.1B) exceed its short term liabilities (₹728.3M).
Long Term Liabilities: 526137's short term assets (₹1.1B) exceed its long term liabilities (₹280.7M).
Debt to Equity History and Analysis
Debt Level: 526137's net debt to equity ratio (97.4%) is considered high.
Reducing Debt: 526137's debt to equity ratio has reduced from 182.7% to 107.2% over the past 5 years.
Debt Coverage: 526137's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: 526137's interest payments on its debt are not well covered by EBIT (2x coverage).