Shipping Corporation of India Land and Assets Balance Sheet Health
Financial Health criteria checks 4/6
Shipping of India Land and Assets has a total shareholder equity of ₹32.2B and total debt of ₹900.0K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹35.0B and ₹2.8B respectively. Shipping of India Land and Assets's EBIT is ₹559.9M making its interest coverage ratio 5599. It has cash and short-term investments of ₹33.0M.
Key information
0.003%
Debt to equity ratio
₹900.00k
Debt
| Interest coverage ratio | 5599x |
| Cash | ₹33.00m |
| Equity | ₹32.22b |
| Total liabilities | ₹2.77b |
| Total assets | ₹34.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCILAL's short term assets (₹10.9B) exceed its short term liabilities (₹2.7B).
Long Term Liabilities: SCILAL's short term assets (₹10.9B) exceed its long term liabilities (₹23.2M).
Debt to Equity History and Analysis
Debt Level: SCILAL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SCILAL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SCILAL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SCILAL's interest payments on its debt are well covered by EBIT (5599x coverage).