Shilchar Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Shilchar Technologies has a total shareholder equity of ₹1.6B and total debt of ₹27.4M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are ₹2.4B and ₹826.7M respectively. Shilchar Technologies's EBIT is ₹1.1B making its interest coverage ratio -109.4. It has cash and short-term investments of ₹485.3M.
Key information
1.7%
Debt to equity ratio
₹27.40m
Debt
Interest coverage ratio | -109.4x |
Cash | ₹485.34m |
Equity | ₹1.58b |
Total liabilities | ₹826.72m |
Total assets | ₹2.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531201's short term assets (₹2.0B) exceed its short term liabilities (₹795.4M).
Long Term Liabilities: 531201's short term assets (₹2.0B) exceed its long term liabilities (₹31.3M).
Debt to Equity History and Analysis
Debt Level: 531201 has more cash than its total debt.
Reducing Debt: 531201's debt to equity ratio has reduced from 49% to 1.7% over the past 5 years.
Debt Coverage: 531201's debt is well covered by operating cash flow (1690.8%).
Interest Coverage: 531201 earns more interest than it pays, so coverage of interest payments is not a concern.