Shreyans Industries Balance Sheet Health
Financial Health criteria checks 6/6
Shreyans Industries has a total shareholder equity of ₹3.5B and total debt of ₹453.8M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are ₹5.3B and ₹1.8B respectively. Shreyans Industries's EBIT is ₹1.0B making its interest coverage ratio 29.8. It has cash and short-term investments of ₹2.1B.
Key information
13.1%
Debt to equity ratio
₹453.76m
Debt
| Interest coverage ratio | 29.8x |
| Cash | ₹2.08b |
| Equity | ₹3.46b |
| Total liabilities | ₹1.84b |
| Total assets | ₹5.30b |
Recent financial health updates
Is Shreyans Industries (NSE:SHREYANIND) Using Too Much Debt?
Mar 13
Is Shreyans Industries (NSE:SHREYANIND) A Risky Investment?
Jun 22Is Shreyans Industries (NSE:SHREYANIND) Using Too Much Debt?
Dec 26Shreyans Industries (NSE:SHREYANIND) Has Debt But No Earnings; Should You Worry?
Jun 17Is Shreyans Industries (NSE:SHREYANIND) A Risky Investment?
Mar 14Is Shreyans Industries (NSE:SHREYANIND) Using Debt In A Risky Way?
May 24Recent updates
Is Shreyans Industries (NSE:SHREYANIND) Using Too Much Debt?
Mar 13We Think Shreyans Industries (NSE:SHREYANIND) Might Have The DNA Of A Multi-Bagger
Oct 14Shreyans Industries (NSE:SHREYANIND) Is Increasing Its Dividend To ₹5.00
Jul 21Is Shreyans Industries (NSE:SHREYANIND) A Risky Investment?
Jun 22Shreyans Industries (NSE:SHREYANIND) Is Reinvesting To Multiply In Value
Mar 29Is Shreyans Industries (NSE:SHREYANIND) Using Too Much Debt?
Dec 26There Are Reasons To Feel Uneasy About Shreyans Industries' (NSE:SHREYANIND) Returns On Capital
Oct 25Shreyans Industries (NSE:SHREYANIND) Is Paying Out Less In Dividends Than Last Year
Jul 30Shreyans Industries (NSE:SHREYANIND) Has Debt But No Earnings; Should You Worry?
Jun 17Is Shreyans Industries (NSE:SHREYANIND) A Risky Investment?
Mar 14Investors Could Be Concerned With Shreyans Industries' (NSE:SHREYANIND) Returns On Capital
Jan 05It Looks Like Shreyans Industries Limited's (NSE:SHREYANIND) CEO May Expect Their Salary To Be Put Under The Microscope
Aug 24Is Shreyans Industries (NSE:SHREYANIND) Using Debt In A Risky Way?
May 24The Trends At Shreyans Industries (NSE:SHREYANIND) That You Should Know About
Mar 02What Can We Conclude About Shreyans Industries' (NSE:SHREYANIND) CEO Pay?
Jan 14
We're Not Counting On Shreyans Industries (NSE:SHREYANIND) To Sustain Its Statutory Profitability
Dec 28Shreyans Industries (NSE:SHREYANIND) Takes On Some Risk With Its Use Of Debt
Dec 07The Trends At Shreyans Industries (NSE:SHREYANIND) That You Should Know About
Nov 19Financial Position Analysis
Short Term Liabilities: SHREYANIND's short term assets (₹3.0B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: SHREYANIND's short term assets (₹3.0B) exceed its long term liabilities (₹485.1M).
Debt to Equity History and Analysis
Debt Level: SHREYANIND has more cash than its total debt.
Reducing Debt: SHREYANIND's debt to equity ratio has reduced from 21.9% to 13.1% over the past 5 years.
Debt Coverage: SHREYANIND's debt is well covered by operating cash flow (242.3%).
Interest Coverage: SHREYANIND's interest payments on its debt are well covered by EBIT (29.8x coverage).