Shantai Industries Balance Sheet Health
Financial Health criteria checks 6/6
Shantai Industries has a total shareholder equity of ₹74.8M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹104.1M and ₹29.3M respectively. Shantai Industries's EBIT is ₹894.7K making its interest coverage ratio -3.3. It has cash and short-term investments of ₹5.7M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -3.3x |
| Cash | ₹5.72m |
| Equity | ₹74.79m |
| Total liabilities | ₹29.33m |
| Total assets | ₹104.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512297's short term assets (₹103.7M) exceed its short term liabilities (₹27.9M).
Long Term Liabilities: 512297's short term assets (₹103.7M) exceed its long term liabilities (₹1.4M).
Debt to Equity History and Analysis
Debt Level: 512297 is debt free.
Reducing Debt: 512297 had no debt 5 years ago.
Debt Coverage: 512297 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 512297 has no debt, therefore coverage of interest payments is not a concern.