Shilpa Medicare Balance Sheet Health
Financial Health criteria checks 4/6
Shilpa Medicare has a total shareholder equity of ₹23.2B and total debt of ₹4.9B, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are ₹31.2B and ₹8.0B respectively. Shilpa Medicare's EBIT is ₹1.8B making its interest coverage ratio 2. It has cash and short-term investments of ₹171.7M.
Key information
21.1%
Debt to equity ratio
₹4.89b
Debt
| Interest coverage ratio | 2x |
| Cash | ₹171.73m |
| Equity | ₹23.19b |
| Total liabilities | ₹7.98b |
| Total assets | ₹31.17b |
Recent financial health updates
Shilpa Medicare (NSE:SHILPAMED) Takes On Some Risk With Its Use Of Debt
Jan 02
These 4 Measures Indicate That Shilpa Medicare (NSE:SHILPAMED) Is Using Debt Extensively
Jul 17Shilpa Medicare (NSE:SHILPAMED) Seems To Be Using A Lot Of Debt
Mar 17Here's Why Shilpa Medicare (NSE:SHILPAMED) Is Weighed Down By Its Debt Load
Jan 27Does Shilpa Medicare (NSE:SHILPAMED) Have A Healthy Balance Sheet?
Jun 17Does Shilpa Medicare (NSE:SHILPAMED) Have A Healthy Balance Sheet?
Jan 26
Recent updates
What Shilpa Medicare Limited's (NSE:SHILPAMED) 28% Share Price Gain Is Not Telling You
Sep 12Shilpa Medicare Limited's (NSE:SHILPAMED) 29% Price Boost Is Out Of Tune With Revenues
Jul 05What Shilpa Medicare Limited's (NSE:SHILPAMED) 27% Share Price Gain Is Not Telling You
Apr 12Shilpa Medicare Limited's (NSE:SHILPAMED) Shares Climb 28% But Its Business Is Yet to Catch Up
Feb 21Shilpa Medicare (NSE:SHILPAMED) Takes On Some Risk With Its Use Of Debt
Jan 02These 4 Measures Indicate That Shilpa Medicare (NSE:SHILPAMED) Is Using Debt Extensively
Jul 17Shilpa Medicare (NSE:SHILPAMED) Seems To Be Using A Lot Of Debt
Mar 17Increases to CEO Compensation Might Be Put On Hold For Now at Shilpa Medicare Limited (NSE:SHILPAMED)
Sep 22Shilpa Medicare's (NSE:SHILPAMED) Dividend Will Be ₹1.10
Sep 07Shilpa Medicare's (NSE:SHILPAMED) Dividend Will Be ₹1.10
Aug 14Here's Why Shilpa Medicare (NSE:SHILPAMED) Is Weighed Down By Its Debt Load
Jan 27Shareholders May Not Be So Generous With Shilpa Medicare Limited's (NSE:SHILPAMED) CEO Compensation And Here's Why
Sep 21Does Shilpa Medicare (NSE:SHILPAMED) Have A Healthy Balance Sheet?
Jun 17If You Like EPS Growth Then Check Out Shilpa Medicare (NSE:SHILPAMED) Before It's Too Late
May 31Shilpa Medicare Limited's (NSE:SHILPAMED) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Mar 07Shilpa Medicare Limited (NSE:SHILPAMED) Analysts Are Reducing Their Forecasts For Next Year
Feb 20Does Shilpa Medicare (NSE:SHILPAMED) Have A Healthy Balance Sheet?
Jan 26Financial Position Analysis
Short Term Liabilities: SHILPAMED's short term assets (₹8.6B) exceed its short term liabilities (₹4.9B).
Long Term Liabilities: SHILPAMED's short term assets (₹8.6B) exceed its long term liabilities (₹3.0B).
Debt to Equity History and Analysis
Debt Level: SHILPAMED's net debt to equity ratio (20.3%) is considered satisfactory.
Reducing Debt: SHILPAMED's debt to equity ratio has increased from 18.2% to 21.1% over the past 5 years.
Debt Coverage: SHILPAMED's debt is well covered by operating cash flow (30.7%).
Interest Coverage: SHILPAMED's interest payments on its debt are not well covered by EBIT (2x coverage).