Shivalik Rasayan Balance Sheet Health
Financial Health criteria checks 3/6
Shivalik Rasayan has a total shareholder equity of ₹5.1B and total debt of ₹760.8M, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are ₹6.9B and ₹1.8B respectively. Shivalik Rasayan's EBIT is ₹241.3M making its interest coverage ratio 3. It has cash and short-term investments of ₹377.4M.
Key information
15.0%
Debt to equity ratio
₹760.82m
Debt
| Interest coverage ratio | 3x |
| Cash | ₹377.38m |
| Equity | ₹5.08b |
| Total liabilities | ₹1.85b |
| Total assets | ₹6.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539148's short term assets (₹2.9B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: 539148's short term assets (₹2.9B) exceed its long term liabilities (₹263.4M).
Debt to Equity History and Analysis
Debt Level: 539148's net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: 539148's debt to equity ratio has increased from 6.5% to 15% over the past 5 years.
Debt Coverage: 539148's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539148's interest payments on its debt are not well covered by EBIT (3x coverage).