Shivalik Rasayan Balance Sheet Health
Financial Health criteria checks 4/6
Shivalik Rasayan has a total shareholder equity of ₹5.0B and total debt of ₹626.6M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are ₹6.8B and ₹1.7B respectively. Shivalik Rasayan's EBIT is ₹280.6M making its interest coverage ratio 8.1. It has cash and short-term investments of ₹667.2M.
Key information
12.4%
Debt to equity ratio
₹626.56m
Debt
Interest coverage ratio | 8.1x |
Cash | ₹667.21m |
Equity | ₹5.05b |
Total liabilities | ₹1.72b |
Total assets | ₹6.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539148's short term assets (₹3.4B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: 539148's short term assets (₹3.4B) exceed its long term liabilities (₹196.6M).
Debt to Equity History and Analysis
Debt Level: 539148 has more cash than its total debt.
Reducing Debt: 539148's debt to equity ratio has increased from 4.8% to 12.4% 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 well covered by EBIT (8.1x coverage).