Shanthala FMCG Products Balance Sheet Health
Financial Health criteria checks 4/6
Shanthala FMCG Products has a total shareholder equity of ₹217.6M and total debt of ₹1.8M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ₹229.5M and ₹11.9M respectively. Shanthala FMCG Products's EBIT is ₹2.7M making its interest coverage ratio -2. It has cash and short-term investments of ₹17.1M.
Key information
0.8%
Debt to equity ratio
₹1.77m
Debt
| Interest coverage ratio | -2x |
| Cash | ₹17.14m |
| Equity | ₹217.60m |
| Total liabilities | ₹11.88m |
| Total assets | ₹229.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHANTHALA's short term assets (₹83.3M) exceed its short term liabilities (₹10.1M).
Long Term Liabilities: SHANTHALA's short term assets (₹83.3M) exceed its long term liabilities (₹1.8M).
Debt to Equity History and Analysis
Debt Level: SHANTHALA has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SHANTHALA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SHANTHALA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SHANTHALA earns more interest than it pays, so coverage of interest payments is not a concern.