Shriram Properties Balance Sheet Health
Financial Health criteria checks 5/6
Shriram Properties has a total shareholder equity of ₹12.8B and total debt of ₹6.4B, which brings its debt-to-equity ratio to 50.5%. Its total assets and total liabilities are ₹37.7B and ₹24.9B respectively. Shriram Properties's EBIT is ₹980.1M making its interest coverage ratio 0.8. It has cash and short-term investments of ₹1.8B.
Key information
50.5%
Debt to equity ratio
₹6.45b
Debt
Interest coverage ratio | 0.8x |
Cash | ₹1.85b |
Equity | ₹12.77b |
Total liabilities | ₹24.94b |
Total assets | ₹37.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543419's short term assets (₹34.4B) exceed its short term liabilities (₹23.4B).
Long Term Liabilities: 543419's short term assets (₹34.4B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: 543419's net debt to equity ratio (36%) is considered satisfactory.
Reducing Debt: 543419's debt to equity ratio has reduced from 87.2% to 50.5% over the past 5 years.
Debt Coverage: 543419's debt is well covered by operating cash flow (34.5%).
Interest Coverage: 543419's interest payments on its debt are not well covered by EBIT (0.8x coverage).