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 ₹6.5B, which brings its debt-to-equity ratio to 50.9%. Its total assets and total liabilities are ₹37.7B and ₹24.9B respectively. Shriram Properties's EBIT is ₹652.3M making its interest coverage ratio 0.6. It has cash and short-term investments of ₹1.8B.
Key information
50.9%
Debt to equity ratio
₹6.50b
Debt
| Interest coverage ratio | 0.6x |
| Cash | ₹1.85b |
| Equity | ₹12.77b |
| Total liabilities | ₹24.94b |
| Total assets | ₹37.71b |
Recent financial health updates
Recent updates
Earnings Not Telling The Story For Shriram Properties Limited (NSE:SHRIRAMPPS) After Shares Rise 29%
Apr 13
Does Shriram Properties (NSE:SHRIRAMPPS) Have A Healthy Balance Sheet?
Mar 13Shriram Properties Limited (NSE:SHRIRAMPPS) Looks Inexpensive But Perhaps Not Attractive Enough
Jun 20We Like Shriram Properties' (NSE:SHRIRAMPPS) Earnings For More Than Just Statutory Profit
Jun 05A Look At The Fair Value Of Shriram Properties Limited (NSE:SHRIRAMPPS)
Jun 01Financial Position Analysis
Short Term Liabilities: SHRIRAMPPS's short term assets (₹34.4B) exceed its short term liabilities (₹23.4B).
Long Term Liabilities: SHRIRAMPPS's short term assets (₹34.4B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: SHRIRAMPPS's net debt to equity ratio (36.4%) is considered satisfactory.
Reducing Debt: SHRIRAMPPS's debt to equity ratio has reduced from 86.1% to 50.9% over the past 5 years.
Debt Coverage: SHRIRAMPPS's debt is well covered by operating cash flow (34.3%).
Interest Coverage: SHRIRAMPPS's interest payments on its debt are not well covered by EBIT (0.6x coverage).