Shankara Building Products Balance Sheet Health
Financial Health criteria checks 5/6
Shankara Building Products has a total shareholder equity of ₹6.7B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are ₹14.3B and ₹7.6B respectively. Shankara Building Products's EBIT is ₹1.3B making its interest coverage ratio 4.8. It has cash and short-term investments of ₹186.2M.
Key information
18.6%
Debt to equity ratio
₹1.25b
Debt
Interest coverage ratio | 4.8x |
Cash | ₹186.20m |
Equity | ₹6.73b |
Total liabilities | ₹7.59b |
Total assets | ₹14.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540425's short term assets (₹11.3B) exceed its short term liabilities (₹7.3B).
Long Term Liabilities: 540425's short term assets (₹11.3B) exceed its long term liabilities (₹308.7M).
Debt to Equity History and Analysis
Debt Level: 540425's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: 540425's debt to equity ratio has reduced from 71.1% to 18.6% over the past 5 years.
Debt Coverage: 540425's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: 540425's interest payments on its debt are well covered by EBIT (4.8x coverage).