Shahi Shipping Balance Sheet Health
Financial Health criteria checks 1/6
Shahi Shipping has a total shareholder equity of ₹36.7M and total debt of ₹87.0M, which brings its debt-to-equity ratio to 237%. Its total assets and total liabilities are ₹193.3M and ₹156.6M respectively. Shahi Shipping's EBIT is ₹18.1M making its interest coverage ratio 10. It has cash and short-term investments of ₹3.5M.
Key information
237.0%
Debt to equity ratio
₹87.00m
Debt
Interest coverage ratio | 10x |
Cash | ₹3.45m |
Equity | ₹36.71m |
Total liabilities | ₹156.58m |
Total assets | ₹193.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526508's short term assets (₹36.4M) do not cover its short term liabilities (₹84.3M).
Long Term Liabilities: 526508's short term assets (₹36.4M) do not cover its long term liabilities (₹72.3M).
Debt to Equity History and Analysis
Debt Level: 526508's net debt to equity ratio (227.6%) is considered high.
Reducing Debt: 526508's debt to equity ratio has increased from 53.5% to 237% over the past 5 years.
Debt Coverage: 526508's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: 526508's interest payments on its debt are well covered by EBIT (10x coverage).