Shiva Cement Balance Sheet Health
Financial Health criteria checks 2/6
Shiva Cement has a total shareholder equity of ₹1.9B and total debt of ₹12.6B, which brings its debt-to-equity ratio to 657.8%. Its total assets and total liabilities are ₹17.1B and ₹15.2B respectively.
Key information
657.8%
Debt to equity ratio
₹12.59b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹817.16m |
| Equity | ₹1.91b |
| Total liabilities | ₹15.16b |
| Total assets | ₹17.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532323's short term assets (₹2.3B) do not cover its short term liabilities (₹2.9B).
Long Term Liabilities: 532323's short term assets (₹2.3B) do not cover its long term liabilities (₹12.2B).
Debt to Equity History and Analysis
Debt Level: 532323's net debt to equity ratio (615.2%) is considered high.
Reducing Debt: 532323's debt to equity ratio has reduced from 851.8% to 657.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 532323 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 532323 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 24% each year