Shree Cement Balance Sheet Health
Financial Health criteria checks 6/6
Shree Cement has a total shareholder equity of ₹195.4B and total debt of ₹20.0B, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are ₹267.2B and ₹71.8B respectively. Shree Cement's EBIT is ₹23.2B making its interest coverage ratio -47.6. It has cash and short-term investments of ₹52.9B.
Key information
10.3%
Debt to equity ratio
₹20.05b
Debt
| Interest coverage ratio | -47.6x |
| Cash | ₹52.86b |
| Equity | ₹195.36b |
| Total liabilities | ₹71.80b |
| Total assets | ₹267.16b |
Recent financial health updates
Does Shree Cement (NSE:SHREECEM) Have A Healthy Balance Sheet?
Dec 06
We Think Shree Cement (NSE:SHREECEM) Can Stay On Top Of Its Debt
Aug 23Is Shree Cement (NSE:SHREECEM) A Risky Investment?
May 24Does Shree Cement (NSE:SHREECEM) Have A Healthy Balance Sheet?
Jan 21Here's Why Shree Cement (NSE:SHREECEM) Can Manage Its Debt Responsibly
Oct 23These 4 Measures Indicate That Shree Cement (NSE:SHREECEM) Is Using Debt Reasonably Well
Jun 10Recent updates
Shree Cement (NSE:SHREECEM) Has More To Do To Multiply In Value Going Forward
Feb 27Shree Cement Limited's (NSE:SHREECEM) Business Is Trailing The Market But Its Shares Aren't
Dec 28Does Shree Cement (NSE:SHREECEM) Have A Healthy Balance Sheet?
Dec 06Shree Cement (NSE:SHREECEM) Will Be Hoping To Turn Its Returns On Capital Around
Oct 04We Think Shree Cement (NSE:SHREECEM) Can Stay On Top Of Its Debt
Aug 23Here's What's Concerning About Shree Cement's (NSE:SHREECEM) Returns On Capital
Jul 06Is Shree Cement (NSE:SHREECEM) A Risky Investment?
May 24Shree Cement (NSE:SHREECEM) Will Want To Turn Around Its Return Trends
Mar 25Does Shree Cement (NSE:SHREECEM) Have A Healthy Balance Sheet?
Jan 21Returns On Capital At Shree Cement (NSE:SHREECEM) Paint A Concerning Picture
Dec 08Here's Why Shree Cement (NSE:SHREECEM) Can Manage Its Debt Responsibly
Oct 23Shree Cement (NSE:SHREECEM) Will Be Hoping To Turn Its Returns On Capital Around
Aug 20Shree Cement's (NSE:SHREECEM) Dividend Will Be Reduced To ₹45.00
Jul 02Shree Cement's (NSE:SHREECEM) Dividend Will Be Reduced To ₹45.00
Jun 18These 4 Measures Indicate That Shree Cement (NSE:SHREECEM) Is Using Debt Reasonably Well
Jun 10Shree Cement (NSE:SHREECEM) Has More To Do To Multiply In Value Going Forward
Apr 05Here's Why We Think Shree Cement (NSE:SHREECEM) Is Well Worth Watching
Mar 15We Think Shree Cement (NSE:SHREECEM) Can Manage Its Debt With Ease
Feb 25Investors Met With Slowing Returns on Capital At Shree Cement (NSE:SHREECEM)
Dec 17Is Shree Cement (NSE:SHREECEM) A Risky Investment?
Nov 24Here's Why We Think Shree Cement (NSE:SHREECEM) Is Well Worth Watching
Nov 04Returns On Capital At Shree Cement (NSE:SHREECEM) Have Hit The Brakes
Aug 26Shareholders May Be More Conservative With Shree Cement Limited's (NSE:SHREECEM) CEO Compensation For Now
Aug 02If You Like EPS Growth Then Check Out Shree Cement (NSE:SHREECEM) Before It's Too Late
Jul 05We Think Shree Cement (NSE:SHREECEM) Can Manage Its Debt With Ease
May 31Returns On Capital At Shree Cement (NSE:SHREECEM) Have Hit The Brakes
Apr 13With EPS Growth And More, Shree Cement (NSE:SHREECEM) Is Interesting
Mar 17Did Business Growth Power Shree Cement's (NSE:SHREECEM) Share Price Gain of 162%?
Feb 15Earnings Update: Shree Cement Limited (NSE:SHREECEM) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts
Feb 01Shree Cement Limited's (NSE:SHREECEM) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Jan 25
Is Shree Cement (NSE:SHREECEM) Likely To Turn Things Around?
Jan 11Shree Cement (NSE:SHREECEM) Seems To Use Debt Rather Sparingly
Dec 28Is Now An Opportune Moment To Examine Shree Cement Limited (NSE:SHREECEM)?
Dec 14Should You Rely On Shree Cement's (NSE:SHREECEM) Earnings Growth?
Nov 30Financial Position Analysis
Short Term Liabilities: SHREECEM's short term assets (₹107.4B) exceed its short term liabilities (₹59.2B).
Long Term Liabilities: SHREECEM's short term assets (₹107.4B) exceed its long term liabilities (₹12.6B).
Debt to Equity History and Analysis
Debt Level: SHREECEM has more cash than its total debt.
Reducing Debt: SHREECEM's debt to equity ratio has reduced from 32% to 10.3% over the past 5 years.
Debt Coverage: SHREECEM's debt is well covered by operating cash flow (187.5%).
Interest Coverage: SHREECEM earns more interest than it pays, so coverage of interest payments is not a concern.