Shah Alloys Balance Sheet Health
Financial Health criteria checks 4/6
Shah Alloys has a total shareholder equity of ₹319.0M and total debt of ₹706.5M, which brings its debt-to-equity ratio to 221.5%. Its total assets and total liabilities are ₹2.8B and ₹2.5B respectively.
Key information
221.5%
Debt to equity ratio
₹706.50m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹2.40m |
| Equity | ₹319.00m |
| Total liabilities | ₹2.49b |
| Total assets | ₹2.81b |
Recent financial health updates
Is Shah Alloys (NSE:SHAHALLOYS) Using Debt In A Risky Way?
Jul 27
We Think Shah Alloys (NSE:SHAHALLOYS) Is Taking Some Risk With Its Debt
Dec 16Shah Alloys (NSE:SHAHALLOYS) Seems To Use Debt Quite Sensibly
Jun 01Recent updates
Shah Alloys Limited (NSE:SHAHALLOYS) Soars 26% But It's A Story Of Risk Vs Reward
Feb 07Market Still Lacking Some Conviction On Shah Alloys Limited (NSE:SHAHALLOYS)
Dec 20Is Shah Alloys (NSE:SHAHALLOYS) Using Debt In A Risky Way?
Jul 27Here's Why Shah Alloys (NSE:SHAHALLOYS) Has Caught The Eye Of Investors
Jun 01We Think Shah Alloys (NSE:SHAHALLOYS) Is Taking Some Risk With Its Debt
Dec 16Shah Alloys (NSE:SHAHALLOYS) Seems To Use Debt Quite Sensibly
Jun 01Shah Alloys (NSE:SHAHALLOYS) Is Doing The Right Things To Multiply Its Share Price
May 31What Can The Trends At Shah Alloys (NSE:SHAHALLOYS) Tell Us About Their Returns?
Feb 15Financial Position Analysis
Short Term Liabilities: SHAHALLOYS's short term assets (₹1.1B) do not cover its short term liabilities (₹2.4B).
Long Term Liabilities: SHAHALLOYS's short term assets (₹1.1B) exceed its long term liabilities (₹60.0M).
Debt to Equity History and Analysis
Debt Level: SHAHALLOYS's net debt to equity ratio (220.7%) is considered high.
Reducing Debt: SHAHALLOYS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SHAHALLOYS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SHAHALLOYS is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 11.5% per year.