Shubhlaxmi Jewel Art Balance Sheet Health
Financial Health criteria checks 4/6
Shubhlaxmi Jewel Art has a total shareholder equity of ₹226.0M and total debt of ₹111.9M, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are ₹400.6M and ₹174.7M respectively. Shubhlaxmi Jewel Art's EBIT is ₹25.0M making its interest coverage ratio 6.3. It has cash and short-term investments of ₹5.3M.
Key information
49.5%
Debt to equity ratio
₹111.86m
Debt
| Interest coverage ratio | 6.3x |
| Cash | ₹5.29m |
| Equity | ₹225.99m |
| Total liabilities | ₹174.66m |
| Total assets | ₹400.64m |
Recent financial health updates
No updates
Recent updates
Shubhlaxmi Jewel Art Limited (NSE:SHUBHLAXMI) Stock Catapults 36% Though Its Price And Business Still Lag The Market
Sep 28
Why Investors Shouldn't Be Surprised By Shubhlaxmi Jewel Art Limited's (NSE:SHUBHLAXMI) 26% Share Price Plunge
Aug 07Why Investors Shouldn't Be Surprised By Shubhlaxmi Jewel Art Limited's (NSE:SHUBHLAXMI) 41% Share Price Plunge
Jun 06What Shubhlaxmi Jewel Art Limited's (NSE:SHUBHLAXMI) P/E Is Not Telling You
Mar 21Financial Position Analysis
Short Term Liabilities: SHUBHLAXMI's short term assets (₹380.8M) exceed its short term liabilities (₹148.5M).
Long Term Liabilities: SHUBHLAXMI's short term assets (₹380.8M) exceed its long term liabilities (₹26.1M).
Debt to Equity History and Analysis
Debt Level: SHUBHLAXMI's net debt to equity ratio (47.2%) is considered high.
Reducing Debt: SHUBHLAXMI's debt to equity ratio has reduced from 55.9% to 49.5% over the past 5 years.
Debt Coverage: SHUBHLAXMI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SHUBHLAXMI's interest payments on its debt are well covered by EBIT (6.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 05:50 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shubhlaxmi Jewel Art Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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