Shalimar Paints Balance Sheet Health
Financial Health criteria checks 4/6
Shalimar Paints has a total shareholder equity of ₹3.2B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 40.4%. Its total assets and total liabilities are ₹5.7B and ₹2.5B respectively.
Key information
40.4%
Debt to equity ratio
₹1.28b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹45.60m |
| Equity | ₹3.18b |
| Total liabilities | ₹2.54b |
| Total assets | ₹5.71b |
Recent financial health updates
Shalimar Paints (NSE:SHALPAINTS) Is Making Moderate Use Of Debt
Jan 16
Is Shalimar Paints (NSE:SHALPAINTS) Using Too Much Debt?
Jan 30Is Shalimar Paints (NSE:SHALPAINTS) Using Too Much Debt?
Jan 13Shalimar Paints (NSE:SHALPAINTS) Is Carrying A Fair Bit Of Debt
Feb 25Would Shalimar Paints (NSE:SHALPAINTS) Be Better Off With Less Debt?
Nov 11Shalimar Paints (NSE:SHALPAINTS) Is Carrying A Fair Bit Of Debt
Jul 05Recent updates
Shalimar Paints (NSE:SHALPAINTS) Is Making Moderate Use Of Debt
Jan 16Investors Still Waiting For A Pull Back In Shalimar Paints Limited (NSE:SHALPAINTS)
Dec 11We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Shalimar Paints Limited's (NSE:SHALPAINTS) CEO For Now
Sep 21Is Shalimar Paints (NSE:SHALPAINTS) Using Too Much Debt?
Jan 30Is Shalimar Paints (NSE:SHALPAINTS) Using Too Much Debt?
Jan 13Shalimar Paints (NSE:SHALPAINTS) Is Carrying A Fair Bit Of Debt
Feb 25Shalimar Paints'(NSE:SHALPAINTS) Share Price Is Down 55% Over The Past Three Years.
Jan 03Would Shalimar Paints (NSE:SHALPAINTS) Be Better Off With Less Debt?
Nov 11What Would Shareholders Who Purchased Shalimar Paints'(NSE:SHALPAINTS) Stock Three Years Ago Be Earning on Their Investment Today?
Aug 27
Shalimar Paints (NSE:SHALPAINTS) Is Carrying A Fair Bit Of Debt
Jul 05Financial Position Analysis
Short Term Liabilities: SHALPAINTS's short term assets (₹2.8B) exceed its short term liabilities (₹2.4B).
Long Term Liabilities: SHALPAINTS's short term assets (₹2.8B) exceed its long term liabilities (₹179.1M).
Debt to Equity History and Analysis
Debt Level: SHALPAINTS's net debt to equity ratio (38.9%) is considered satisfactory.
Reducing Debt: SHALPAINTS's debt to equity ratio has reduced from 60.6% to 40.4% over the past 5 years.
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: SHALPAINTS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SHALPAINTS has less than a year of cash runway if free cash flow continues to grow at historical rates of 3.4% each year.