Shivalik Rasayan Balance Sheet Health
Financial Health criteria checks 4/6
Shivalik Rasayan has a total shareholder equity of ₹5.1B and total debt of ₹966.8M, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are ₹7.1B and ₹2.1B respectively. Shivalik Rasayan's EBIT is ₹252.6M making its interest coverage ratio 4.1. It has cash and short-term investments of ₹369.7M.
Key information
19.1%
Debt to equity ratio
₹966.76m
Debt
| Interest coverage ratio | 4.1x |
| Cash | ₹369.72m |
| Equity | ₹5.07b |
| Total liabilities | ₹2.08b |
| Total assets | ₹7.15b |
Recent financial health updates
Recent updates
Shivalik Rasayan Limited's (NSE:SHIVALIK) Business Is Trailing The Market But Its Shares Aren't
Nov 29
Returns At Shivalik Rasayan (NSE:SHIVALIK) Are On The Way Up
Nov 01Shivalik Rasayan (NSE:SHIVALIK) Takes On Some Risk With Its Use Of Debt
Sep 28There's Reason For Concern Over Shivalik Rasayan Limited's (NSE:SHIVALIK) Massive 29% Price Jump
Jul 04Shivalik Rasayan's (NSE:SHIVALIK) Returns On Capital Not Reflecting Well On The Business
Jun 27Why Shivalik Rasayan's (NSE:SHIVALIK) Shaky Earnings Are Just The Beginning Of Its Problems
Jun 06Some Shareholders Feeling Restless Over Shivalik Rasayan Limited's (NSE:SHIVALIK) P/E Ratio
Apr 30Financial Position Analysis
Short Term Liabilities: SHIVALIK's short term assets (₹3.0B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: SHIVALIK's short term assets (₹3.0B) exceed its long term liabilities (₹265.9M).
Debt to Equity History and Analysis
Debt Level: SHIVALIK's net debt to equity ratio (11.8%) is considered satisfactory.
Reducing Debt: SHIVALIK's debt to equity ratio has increased from 3.9% to 19.1% over the past 5 years.
Debt Coverage: SHIVALIK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SHIVALIK's interest payments on its debt are well covered by EBIT (4.1x coverage).