Shelter Pharma Balance Sheet Health
Financial Health criteria checks 5/6
Shelter Pharma has a total shareholder equity of ₹327.0M and total debt of ₹4.5M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ₹345.7M and ₹18.7M respectively. Shelter Pharma's EBIT is ₹84.6M making its interest coverage ratio 191.3. It has cash and short-term investments of ₹41.3M.
Key information
1.4%
Debt to equity ratio
₹4.54m
Debt
Interest coverage ratio | 191.3x |
Cash | ₹41.27m |
Equity | ₹327.00m |
Total liabilities | ₹18.68m |
Total assets | ₹345.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543963's short term assets (₹318.7M) exceed its short term liabilities (₹18.2M).
Long Term Liabilities: 543963's short term assets (₹318.7M) exceed its long term liabilities (₹489.0K).
Debt to Equity History and Analysis
Debt Level: 543963 has more cash than its total debt.
Reducing Debt: 543963's debt to equity ratio has reduced from 1.5% to 1.4% over the past 5 years.
Debt Coverage: 543963's debt is not well covered by operating cash flow (0.7%).
Interest Coverage: 543963's interest payments on its debt are well covered by EBIT (191.3x coverage).