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 ₹2.4B and total debt of ₹2.6B, which brings its debt-to-equity ratio to 108.2%. Its total assets and total liabilities are ₹5.5B and ₹3.1B respectively. Shree Ajit Pulp and Paper's EBIT is ₹187.3M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹15.7M.
Key information
108.2%
Debt to equity ratio
₹2.62b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₹15.67m |
| Equity | ₹2.42b |
| Total liabilities | ₹3.11b |
| Total assets | ₹5.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538795's short term assets (₹1.4B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: 538795's short term assets (₹1.4B) do not cover its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: 538795's net debt to equity ratio (107.5%) is considered high.
Reducing Debt: 538795's debt to equity ratio has increased from 24.6% to 108.2% over the past 5 years.
Debt Coverage: 538795's debt is not well covered by operating cash flow (4.3%).
Interest Coverage: 538795's interest payments on its debt are not well covered by EBIT (1.4x coverage).