Shanthala FMCG Products Balance Sheet Health
Financial Health criteria checks 4/6
Shanthala FMCG Products has a total shareholder equity of ₹55.2M and total debt of ₹26.8M, which brings its debt-to-equity ratio to 48.6%. Its total assets and total liabilities are ₹85.8M and ₹30.6M respectively. Shanthala FMCG Products's EBIT is ₹6.6M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹15.8M.
Key information
48.6%
Debt to equity ratio
₹26.80m
Debt
Interest coverage ratio | 1.9x |
Cash | ₹15.82m |
Equity | ₹55.19m |
Total liabilities | ₹30.57m |
Total assets | ₹85.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHANTHALA's short term assets (₹55.8M) exceed its short term liabilities (₹15.8M).
Long Term Liabilities: SHANTHALA's short term assets (₹55.8M) exceed its long term liabilities (₹14.8M).
Debt to Equity History and Analysis
Debt Level: SHANTHALA's net debt to equity ratio (19.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SHANTHALA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SHANTHALA's debt is well covered by operating cash flow (41.4%).
Interest Coverage: SHANTHALA's interest payments on its debt are not well covered by EBIT (1.9x coverage).