Shalimar Paints Balance Sheet Health
Financial Health criteria checks 3/6
Shalimar Paints has a total shareholder equity of ₹3.5B and total debt of ₹1.6B, which brings its debt-to-equity ratio to 46.3%. Its total assets and total liabilities are ₹6.9B and ₹3.4B respectively.
Key information
46.3%
Debt to equity ratio
₹1.60b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹219.20m |
| Equity | ₹3.47b |
| Total liabilities | ₹3.43b |
| Total assets | ₹6.89b |
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
Market Participants Recognise Shalimar Paints Limited's (NSE:SHALPAINTS) Revenues Pushing Shares 26% Higher
Dec 20Getting In Cheap On Shalimar Paints Limited (NSE:SHALPAINTS) Might Be Difficult
Jun 12Shalimar 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 (₹3.5B) exceed its short term liabilities (₹3.1B).
Long Term Liabilities: SHALPAINTS's short term assets (₹3.5B) exceed its long term liabilities (₹291.3M).
Debt to Equity History and Analysis
Debt Level: SHALPAINTS's net debt to equity ratio (39.9%) is considered satisfactory.
Reducing Debt: SHALPAINTS's debt to equity ratio has increased from 44.6% to 46.3% 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 10.3% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 11:57 |
| End of Day Share Price | 2025/01/20 00:00 |
| Earnings | 2024/09/30 |
| 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Shalimar Paints Limited is covered by 2 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 |
|---|---|
| Ankit Kedia | Centrum Broking Limited |
| Kameswari V. S. Chavali | FirstCall Research |