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
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) 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 26Here's Why I Think Shilpa Medicare (NSE:SHILPAMED) Is An Interesting Stock
Jan 14Shilpa Medicare (NSE:SHILPAMED) Shareholders Have Enjoyed A 54% Share Price Gain
Jan 03Could The Shilpa Medicare Limited (NSE:SHILPAMED) Ownership Structure Tell Us Something Useful?
Dec 22Is There More To The Story Than Shilpa Medicare's (NSE:SHILPAMED) Earnings Growth?
Dec 11How Much Are Shilpa Medicare Limited (NSE:SHILPAMED) Insiders Taking Off The Table?
Nov 30How Is Shilpa Medicare's (NSE:SHILPAMED) CEO Compensated?
Nov 16Earnings Release: Here's Why Analysts Cut Their Shilpa Medicare Limited (NSE:SHILPAMED) Price Target To ₹611
Nov 04Could The Market Be Wrong About Shilpa Medicare Limited (NSE:SHILPAMED) Given Its Attractive Financial Prospects?
Oct 27Financial Position Analysis
Short Term Liabilities: SHILPAMED's short term assets (₹8.3B) exceed its short term liabilities (₹6.3B).
Long Term Liabilities: SHILPAMED's short term assets (₹8.3B) exceed its long term liabilities (₹6.0B).
Debt to Equity History and Analysis
Debt Level: SHILPAMED's net debt to equity ratio (47.4%) is considered high.
Reducing Debt: SHILPAMED's debt to equity ratio has increased from 10% to 48.8% over the past 5 years.
Debt Coverage: SHILPAMED's debt is well covered by operating cash flow (29.1%).
Interest Coverage: SHILPAMED's interest payments on its debt are not well covered by EBIT (1.1x coverage).