Shradha Infraprojects Balance Sheet Health
Financial Health criteria checks 3/6
Shradha Infraprojects has a total shareholder equity of ₹931.8M and total debt of ₹1.5B, which brings its debt-to-equity ratio to 162.7%. Its total assets and total liabilities are ₹2.9B and ₹1.9B respectively. Shradha Infraprojects's EBIT is ₹228.7M making its interest coverage ratio -26.2. It has cash and short-term investments of ₹21.3M.
Key information
162.7%
Debt to equity ratio
₹1.52b
Debt
| Interest coverage ratio | -26.2x |
| Cash | ₹21.32m |
| Equity | ₹931.78m |
| Total liabilities | ₹1.95b |
| Total assets | ₹2.88b |
Recent financial health updates
Is Shradha Infraprojects (NSE:SHRADHA) Using Too Much Debt?
Aug 03
Does Shradha Infraprojects (NSE:SHRADHA) Have A Healthy Balance Sheet?
Dec 11Does Shradha Infraprojects (NSE:SHRADHA) Have A Healthy Balance Sheet?
Jun 10These 4 Measures Indicate That Shradha Infraprojects (NSE:SHRADHA) Is Using Debt In A Risky Way
Feb 22Recent updates
Is Shradha Infraprojects (NSE:SHRADHA) Using Too Much Debt?
Aug 03The Market Lifts Shradha Infraprojects Limited (NSE:SHRADHA) Shares 41% But It Can Do More
Jun 21Here's Why We Think Shradha Infraprojects (NSE:SHRADHA) Is Well Worth Watching
Jun 05A Piece Of The Puzzle Missing From Shradha Infraprojects Limited's (NSE:SHRADHA) 30% Share Price Climb
Apr 26Here's Why We Think Shradha Infraprojects (NSE:SHRADHA) Might Deserve Your Attention Today
Mar 06A Piece Of The Puzzle Missing From Shradha Infraprojects Limited's (NSE:SHRADHA) 45% Share Price Climb
Dec 18Does Shradha Infraprojects (NSE:SHRADHA) Have A Healthy Balance Sheet?
Dec 11We Think Shradha Infraprojects' (NSE:SHRADHA) Solid Earnings Are Understated
Nov 14Does Shradha Infraprojects (NSE:SHRADHA) Have A Healthy Balance Sheet?
Jun 10Here's Why We Think Shradha Infraprojects (NSE:SHRADHA) Is Well Worth Watching
Feb 08These 4 Measures Indicate That Shradha Infraprojects (NSE:SHRADHA) Is Using Debt In A Risky Way
Feb 22Financial Position Analysis
Short Term Liabilities: SHRADHA's short term assets (₹2.4B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: SHRADHA's short term assets (₹2.4B) exceed its long term liabilities (₹376.4M).
Debt to Equity History and Analysis
Debt Level: SHRADHA's net debt to equity ratio (160.4%) is considered high.
Reducing Debt: SHRADHA's debt to equity ratio has increased from 139.1% to 162.7% over the past 5 years.
Debt Coverage: SHRADHA's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: SHRADHA earns more interest than it pays, so coverage of interest payments is not a concern.