Sharda Cropchem Balance Sheet Health
Financial Health criteria checks 6/6
Sharda Cropchem has a total shareholder equity of ₹20.9B and total debt of ₹203.1M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ₹33.4B and ₹12.5B respectively. Sharda Cropchem's EBIT is ₹178.9M making its interest coverage ratio 4.1. It has cash and short-term investments of ₹2.6B.
Key information
1.0%
Debt to equity ratio
₹203.06m
Debt
Interest coverage ratio | 4.1x |
Cash | ₹2.64b |
Equity | ₹20.89b |
Total liabilities | ₹12.48b |
Total assets | ₹33.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538666's short term assets (₹22.2B) exceed its short term liabilities (₹11.1B).
Long Term Liabilities: 538666's short term assets (₹22.2B) exceed its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: 538666 has more cash than its total debt.
Reducing Debt: 538666's debt to equity ratio has reduced from 3.4% to 1% over the past 5 years.
Debt Coverage: 538666's debt is well covered by operating cash flow (1609%).
Interest Coverage: 538666's interest payments on its debt are well covered by EBIT (4.1x coverage).