Shraddha Prime Projects Balance Sheet Health
Financial Health criteria checks 3/6
Shraddha Prime Projects has a total shareholder equity of ₹512.5M and total debt of ₹696.9M, which brings its debt-to-equity ratio to 136%. Its total assets and total liabilities are ₹1.9B and ₹1.4B respectively. Shraddha Prime Projects's EBIT is ₹188.6M making its interest coverage ratio -752.7. It has cash and short-term investments of ₹14.3M.
Key information
136.0%
Debt to equity ratio
₹696.93m
Debt
Interest coverage ratio | -752.7x |
Cash | ₹14.26m |
Equity | ₹512.50m |
Total liabilities | ₹1.40b |
Total assets | ₹1.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531771's short term assets (₹1.9B) exceed its short term liabilities (₹707.4M).
Long Term Liabilities: 531771's short term assets (₹1.9B) exceed its long term liabilities (₹696.9M).
Debt to Equity History and Analysis
Debt Level: 531771's net debt to equity ratio (133.2%) is considered high.
Reducing Debt: 531771's debt to equity ratio has increased from 0% to 136% over the past 5 years.
Debt Coverage: 531771's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531771 earns more interest than it pays, so coverage of interest payments is not a concern.