Shilpa Medicare Balance Sheet Health
Financial Health criteria checks 3/6
Shilpa Medicare has a total shareholder equity of ₹17.7B and total debt of ₹8.7B, which brings its debt-to-equity ratio to 48.8%. Its total assets and total liabilities are ₹30.0B and ₹12.3B respectively. Shilpa Medicare's EBIT is ₹932.7M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹239.8M.
Key information
48.8%
Debt to equity ratio
₹8.65b
Debt
Interest coverage ratio | 1.1x |
Cash | ₹239.78m |
Equity | ₹17.75b |
Total liabilities | ₹12.29b |
Total assets | ₹30.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530549's short term assets (₹8.3B) exceed its short term liabilities (₹6.3B).
Long Term Liabilities: 530549's short term assets (₹8.3B) exceed its long term liabilities (₹6.0B).
Debt to Equity History and Analysis
Debt Level: 530549's net debt to equity ratio (47.4%) is considered high.
Reducing Debt: 530549's debt to equity ratio has increased from 10% to 48.8% over the past 5 years.
Debt Coverage: 530549's debt is well covered by operating cash flow (29.1%).
Interest Coverage: 530549's interest payments on its debt are not well covered by EBIT (1.1x coverage).