Shree Ajit Pulp and Paper Balance Sheet Health
Financial Health criteria checks 1/6
Shree Ajit Pulp and Paper has a total shareholder equity of ₹2.3B and total debt of ₹2.3B, which brings its debt-to-equity ratio to 99.6%. Its total assets and total liabilities are ₹5.2B and ₹2.9B respectively. Shree Ajit Pulp and Paper's EBIT is ₹153.4M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹16.3M.
Key information
99.6%
Debt to equity ratio
₹2.26b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₹16.32m |
| Equity | ₹2.27b |
| Total liabilities | ₹2.89b |
| Total assets | ₹5.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538795's short term assets (₹1.3B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: 538795's short term assets (₹1.3B) do not cover its long term liabilities (₹1.8B).
Debt to Equity History and Analysis
Debt Level: 538795's net debt to equity ratio (98.9%) is considered high.
Reducing Debt: 538795's debt to equity ratio has increased from 28.9% to 99.6% over the past 5 years.
Debt Coverage: 538795's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: 538795's interest payments on its debt are not well covered by EBIT (1.4x coverage).