Shivalik Bimetal Controls Balance Sheet Health
Financial Health criteria checks 6/6
Shivalik Bimetal Controls has a total shareholder equity of ₹3.4B and total debt of ₹422.7M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are ₹4.4B and ₹1.0B respectively. Shivalik Bimetal Controls's EBIT is ₹942.4M making its interest coverage ratio 19.1. It has cash and short-term investments of ₹388.9M.
Key information
12.4%
Debt to equity ratio
₹422.66m
Debt
Interest coverage ratio | 19.1x |
Cash | ₹388.90m |
Equity | ₹3.42b |
Total liabilities | ₹1.01b |
Total assets | ₹4.43b |
Recent financial health updates
No updates
Recent updates
Many Would Be Envious Of Shivalik Bimetal Controls' (NSE:SBCL) Excellent Returns On Capital
Jun 27With EPS Growth And More, Shivalik Bimetal Controls (NSE:SBCL) Makes An Interesting Case
Apr 04Shivalik Bimetal Controls (NSE:SBCL) Has Announced That It Will Be Increasing Its Dividend To ₹0.70
Sep 01Shivalik Bimetal Controls (NSE:SBCL) Is Investing Its Capital With Increasing Efficiency
Jul 07Here's Why We Think Shivalik Bimetal Controls (NSE:SBCL) Might Deserve Your Attention Today
Jun 07Shivalik Bimetal Controls (NSE:SBCL) Is Paying Out A Dividend Of ₹0.50
Feb 10The Trend Of High Returns At Shivalik Bimetal Controls (NSE:SBCL) Has Us Very Interested
Jan 01The Trend Of High Returns At Shivalik Bimetal Controls (NSE:SBCL) Has Us Very Interested
Aug 26Do Shivalik Bimetal Controls' (NSE:SBCL) Earnings Warrant Your Attention?
Jun 28Shivalik Bimetal Controls' (NSE:SBCL) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 04Shivalik Bimetal Controls' (NSE:SBCL) Earnings Are Weaker Than They Seem
Nov 10Optimistic Investors Push Shivalik Bimetal Controls Limited (NSE:SBCL) Shares Up 32% But Growth Is Lacking
Aug 03Financial Position Analysis
Short Term Liabilities: SBCL's short term assets (₹2.9B) exceed its short term liabilities (₹821.9M).
Long Term Liabilities: SBCL's short term assets (₹2.9B) exceed its long term liabilities (₹190.7M).
Debt to Equity History and Analysis
Debt Level: SBCL's net debt to equity ratio (1%) is considered satisfactory.
Reducing Debt: SBCL's debt to equity ratio has reduced from 42.7% to 12.4% over the past 5 years.
Debt Coverage: SBCL's debt is well covered by operating cash flow (162.1%).
Interest Coverage: SBCL's interest payments on its debt are well covered by EBIT (19.1x coverage).