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: 890195's short term assets (₹1.3B) exceed its short term liabilities (₹1.0B).

Long Term Liabilities: 890195's short term assets (₹1.3B) do not cover its long term liabilities (₹1.8B).

Debt to Equity History and Analysis

Debt Level: 890195's net debt to equity ratio (98.9%) is considered high.

Reducing Debt: 890195's debt to equity ratio has increased from 28.9% to 99.6% over the past 5 years.

Debt Coverage: 890195's debt is not well covered by operating cash flow (8.6%).

Interest Coverage: 890195's interest payments on its debt are not well covered by EBIT (1.4x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/10/01 03:10
End of Day Share Price	2024/07/04 00:00
Earnings	2024/06/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Shree Ajit Pulp and Paper Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Shailaja CH.	FirstCall Research