Shoppers Stop Balance Sheet Health
Financial Health criteria checks 1/6
Shoppers Stop has a total shareholder equity of ₹2.4B and total debt of ₹25.0B, which brings its debt-to-equity ratio to 1053.7%. Its total assets and total liabilities are ₹49.3B and ₹46.9B respectively. Shoppers Stop's EBIT is ₹2.9B making its interest coverage ratio 1.4. It has cash and short-term investments of ₹112.3M.
Key information
1,053.7%
Debt to equity ratio
₹25.05b
Debt
Interest coverage ratio | 1.4x |
Cash | ₹112.30m |
Equity | ₹2.38b |
Total liabilities | ₹46.88b |
Total assets | ₹49.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532638's short term assets (₹21.1B) do not cover its short term liabilities (₹26.2B).
Long Term Liabilities: 532638's short term assets (₹21.1B) exceed its long term liabilities (₹20.7B).
Debt to Equity History and Analysis
Debt Level: 532638's net debt to equity ratio (1048.9%) is considered high.
Reducing Debt: 532638's debt to equity ratio has increased from 10.5% to 1053.7% over the past 5 years.
Debt Coverage: 532638's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: 532638's interest payments on its debt are not well covered by EBIT (1.4x coverage).