Shervani Industrial Syndicate Balance Sheet Health
Financial Health criteria checks 5/6
Shervani Industrial Syndicate has a total shareholder equity of ₹1.6B and total debt of ₹38.1M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are ₹2.1B and ₹501.1M respectively. Shervani Industrial Syndicate's EBIT is ₹288.3M making its interest coverage ratio -28.6. It has cash and short-term investments of ₹233.4M.
Key information
2.3%
Debt to equity ratio
₹38.10m
Debt
Interest coverage ratio | -28.6x |
Cash | ₹233.40m |
Equity | ₹1.63b |
Total liabilities | ₹501.10m |
Total assets | ₹2.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526117's short term assets (₹1.7B) exceed its short term liabilities (₹483.2M).
Long Term Liabilities: 526117's short term assets (₹1.7B) exceed its long term liabilities (₹17.9M).
Debt to Equity History and Analysis
Debt Level: 526117 has more cash than its total debt.
Reducing Debt: 526117's debt to equity ratio has reduced from 4.5% to 2.3% over the past 5 years.
Debt Coverage: 526117's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 526117 earns more interest than it pays, so coverage of interest payments is not a concern.