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
These 4 Measures Indicate That Shankara Building Products (NSE:SHANKARA) Is Using Debt Reasonably Well
Nov 30
Shankara Building Products (NSE:SHANKARA) Takes On Some Risk With Its Use Of Debt
Feb 15Shankara Building Products (NSE:SHANKARA) Takes On Some Risk With Its Use Of Debt
Nov 12
Here's Why Shankara Building Products (NSE:SHANKARA) Has A Meaningful Debt Burden
Aug 10Here's Why Shankara Building Products (NSE:SHANKARA) Has A Meaningful Debt Burden
Aug 10Recent updates
Shankara Building Products' (NSE:SHANKARA) Earnings Are Weaker Than They Seem
Nov 17With EPS Growth And More, Shankara Building Products (NSE:SHANKARA) Is Interesting
Jun 03Estimating The Fair Value Of Shankara Building Products Limited (NSE:SHANKARA)
Feb 24These 4 Measures Indicate That Shankara Building Products (NSE:SHANKARA) Is Using Debt Reasonably Well
Nov 30Does Shankara Building Products' (NSE:SHANKARA) CEO Salary Compare Well With Industry Peers?
Mar 01Shankara Building Products (NSE:SHANKARA) Takes On Some Risk With Its Use Of Debt
Feb 15What Type Of Shareholders Make Up Shankara Building Products Limited's (NSE:SHANKARA) Share Registry?
Jan 31The Trends At Shankara Building Products (NSE:SHANKARA) That You Should Know About
Jan 17How Much Are Shankara Building Products Limited (NSE:SHANKARA) Insiders Spending On Buying Shares?
Jan 03Shankara Building Products Limited's (NSE:SHANKARA) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Dec 21How Much Is Shankara Building Products' (NSE:SHANKARA) CEO Getting Paid?
Nov 25Shankara Building Products (NSE:SHANKARA) Takes On Some Risk With Its Use Of Debt
Nov 12Here's What Shankara Building Products Limited's (NSE:SHANKARA) Shareholder Ownership Structure Looks Like
Oct 27What Do The Returns On Capital At Shankara Building Products (NSE:SHANKARA) Tell Us?
Oct 12Founder Sukumar Srinivas Just Bought A Handful Of Shares In Shankara Building Products Limited (NSE:SHANKARA)
Sep 27Reflecting on Shankara Building Products' (NSE:SHANKARA) Share Price Returns Over The Last Three Years
Sep 24Is Shankara Building Products Limited's (NSE:SHANKARA) Stock Price Struggling As A Result Of Its Mixed Financials?
Sep 10What Did Shankara Building Products' (NSE:SHANKARA) CEO Take Home Last Year?
Aug 25Here's Why Shankara Building Products (NSE:SHANKARA) Has A Meaningful Debt Burden
Aug 10Here's Why Shankara Building Products (NSE:SHANKARA) Has A Meaningful Debt Burden
Aug 10Financial Position Analysis
Short Term Liabilities: SHANKARA's short term assets (₹11.3B) exceed its short term liabilities (₹7.3B).
Long Term Liabilities: SHANKARA's short term assets (₹11.3B) exceed its long term liabilities (₹308.7M).
Debt to Equity History and Analysis
Debt Level: SHANKARA's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: SHANKARA's debt to equity ratio has reduced from 71.1% to 18.6% over the past 5 years.
Debt Coverage: SHANKARA's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: SHANKARA's interest payments on its debt are well covered by EBIT (4.8x coverage).