ESSARSHPNG.NS
Key Ratios

Net Profit Margin: Company is not able to make any profit from its revenue which means either business is super inefficient or less demand of the product or services this company provides or sometimes a small company who is trying to capture market providing its services at minimal costs

Acid Test Ratio: High risk of liquidity, which means it would be very difficult for the company to pay short-term obligations.

Inventory Turnover: NA

Coverage Analysis: High financial risk as company is not able to pay its interest payments from its earning (EBIT + Lease Payments)

Debt to Equity Ratio: Company has low debt when compared to its equity which means it is financially stable

P/E Ratio: Undervalued stock and low growth is expected as company’s stock price is very closer to its earnings per share

Performance Graph
Financial Ratios
Ratio Value
PE Ratio-6.37
Net Profit Margin-9.25
Acid Test Ratio0.30
Inventory Turnover0.00
Coverage Ratio-0.32
Debt to Equity-0.94
Key Ratios

Net Profit Margin: Company is not able to make any profit from its revenue which means either business is super inefficient or less demand of the product or services this company provides or sometimes a small company who is trying to capture market providing its services at minimal costs

Return on Assets: Assets owned by the company is very inefficient and not able to give a good returns and inefficiency of the company to utilise its assets properly

Return on Equity: Very low income of the company when compared with its equity, which means inefficient equity

Performance Graph
Profitability Ratios
Ratio Value
Net Profit Margin-9.25
Return on Assets0.01
Return on Equity0.04
Performance Graph
Key Ratios

Acid Test Ratio: High risk of liquidity, which means it would be very difficult for the company to pay short-term obligations.

Current Ratio: It would not be able to cover its short-term liabilities because of financial distress

Performance Graph
Liquidity Ratios
Ratio Value
Acid Test Ratio0.30
Current Ratio0.30
Performance Graph
Key Ratios

Inventory Turnover: NA

Performance Graph
Efficiency Ratios
Ratio Value
Inventory Turnover0.00
Performance Graph
Key Ratios

Coverage Analysis: High financial risk as company is not able to pay its interest payments from its earning (EBIT + Lease Payments)

Performance Graph
Coverage Ratios
Ratio Value
Coverage Ratio-0.32
Performance Graph
Key Ratios

Debt to Equity Ratio: Company has low debt when compared to its equity which means it is financially stable

Interest Coverage Ratio: Company is at risk of getting default as it is struggling to cover interest payments

Performance Graph
Solvency Ratios
Ratio Value
Debt to Equity Ratio-0.94
Interest Coverage Ratio-0.32
Performance Graph
Key Ratios

P/E Ratio: Undervalued stock and low growth is expected as company’s stock price is very closer to its earnings per share

Dividend Yield: NA

Performance Graph
Market Ratios
Ratio Value
P/E Ratio-6.37
Gross Profit Margin-5.46
Price to Book Ratio-0.27
Dividend Yield0.00
Performance Graph

Balance Sheet Analysis of Essar Shipping Limited

The balance sheet in the financial statement of the company shows its financial position at a particular point in time.

It consists of the following:

  • Assets: Something that the company owns and that gives financial benefits over a period of time.
  • Liabilities: Something that a company owes and that has a financial burden on the company.
  • Equity: It is basically the owner’s share in the company.

The formula is:

Assets = Liabilities + Equity
đź“ŚAssets:
Asset
Value & Year
2024
2023
2022
Total Assets 9110200000 10465200000 11699300000
Total Non Current Assets 262300000 989600000 1525200000
Other Non Current Assets -200000 -300000 -200000
Non Current Prepaid Assets - - 18400000
Non Current Deferred Taxes Assets - - -
Financial Assets - - -
Investment In Financial Assets - 41600000 -
Held To Maturity Securities - - -
Available For Sale Securities - 41600000 -
Financial Assets Fair Value - - -
Long Term Equity Investment - 360100000 387800000
Investments In Associates At Cost - 357700000 386500000
Goodwill And Other Intangible Assets - - -
Other Intangible Assets - - -
Goodwill - - -
Net Ppe 261500000 577800000 1119200000
Accumulated Depreciation -32613400000 -32125800000 -28453000000
Gross Ppe 32874900000 32703600000 29572200000
Construction In Progress 603400000 603400000 603400000
Other Properties 261200000 577500000 1119100000
Machinery Furniture Equipment 32248200000 32076900000 28945500000
Buildings And Improvements 22000000 22000000 22000000
Land And Improvements 1300000 1300000 1300000
Properties - - -
Current Assets 8848000000 9475600000 10174100000
Other Current Assets 524300000 -200000 674700000
Hedging Assets Current - - -
Assets Held For Sale Current - - 335000000
Restricted Cash - - 40000000
Prepaid Assets 506300000 168000000 408600000
Inventory - 26800000 90200000
Other Inventories - - -
Finished Goods - - -
Work In Process - - -
Raw Materials - 26800000 90200000
Other Receivables 7892400000 8855100000 8511600000
Taxes Receivable 23200000 23600000 271400000
Accounts Receivable 186600000 131400000 245600000
Allowance For Doubtful Accounts Receivable -1600000 -7500000 -75100000
Gross Accounts Receivable 188200000 138900000 320700000
Cash Cash Equivalents And Short Term Investments 239500000 270900000 271700000
Other Short Term Investments 400000 17100000 16100000
Cash And Cash Equivalents 239100000 253800000 255600000
Cash Equivalents 38700000 - 74300000
Cash Financial 189500000 253800000 181300000
đź“Ś Liabilities & Equity
Liability/Equity
Value & Year
2024
2023
2022
Net Debt 26180800000 26785400000 38868000000
Total Debt 26419900000 27039200000 39123600000
Total Liabilities Net Minority Interest 35846700000 36701300000 58158400000
Total Non Current Liabilities Net Minority Interest 6227400000 3981800000 16780700000
Other Non Current Liabilities - -100000 100000
Derivative Product Liabilities - - -
Non Current Pension And Other Postretirement Benefit Plans - - -
Trade And Other Payables Non Current - - -
Non Current Deferred Revenue - - -
Non Current Deferred Taxes Liabilities - - -
Long Term Debt And Capital Lease Obligation 6227400000 3981800000 16780600000
Long Term Capital Lease Obligation - - -
Long Term Debt 6227400000 3981800000 16780600000
Long Term Provisions - - -
Current Liabilities 29619300000 32719500000 41377700000
Other Current Liabilities 200000 -100000 100000
Current Deferred Taxes Liabilities 191600000 197900000 302300000
Current Debt And Capital Lease Obligation 20192500000 23057400000 22343000000
Current Capital Lease Obligation - - -
Current Debt 20192500000 23057400000 22343000000
Pension And Other Post Retirement Benefit Plans Current 25600000 26500000 30300000
Current Provisions - - -
Payables 9209400000 9437800000 18651700000
Other Payable 8951700000 8991700000 17709700000
Dividends Payable - - -
Total Tax Payable 191800000 197900000 302300000
Accounts Payable 257700000 446100000 942000000
Common Stock Equity -28073100000 -27420700000 -49137900000
Total Capitalization -21845700000 -23438900000 -32357300000
Total Equity Gross Minority Interest -26736500000 -26236100000 -46459100000
Minority Interest 1336600000 1184600000 2678800000
Stockholders Equity -28073100000 -27420700000 -49137900000
Other Equity Interest 6100000 6100000 6100000
Treasury Stock - - -
Retained Earnings -61518900000 -60208200000 -84210600000
Additional Paid In Capital 669000000 609500000 1623100000
Capital Stock 2069800000 2069800000 2069800000
Common Stock 2069800000 2069800000 2069800000

Income statement interpretation for Essar Shipping Limited

The income statement in the financial statement of the company shows its company financial performance over a period in time.

It consists of the following:

  • Revenue: It is the total amount of money earned from the core business activity of the company.
  • Expenses: It is the total amount required for running the full functionality of the company.
  • Profit or loss:In very simple terms, when a company pays its expenses using its revenue, then what’s left is profit, and in case expenses are more when compared with revenue, then it is loss.
đź“ŚRevenue & Profitability
Revenue/Profitability
Value & Year
2024
2023
2022
Total Revenue 127700000 606700000 3254500000
Operating Revenue 127700000 606700000 3254500000
Cost Of Revenue 825200000 454700000 3352500000
Gross Profit -697500000 152000000 -98000000
Ebitda 63500000 17942900000 3786300000
Ebit -257300000 17531500000 2727100000
Operating Income -940800000 -65600000 -400200000
Net Income -1181000000 16502100000 -784900000
Net Income From Continuing Operation Net Minority Interest -1181000000 16502100000 -784900000
Net Income From Continuing And Discontinued Operation -1181000000 16502100000 -784900000
Net Income Common Stockholders -1181000000 16502100000 -784900000
Net Income Including Noncontrolling Interests -1043200000 16504500000 -780300000
Net Income Discontinuous Operations - - -
Net Income Continuous Operations -1043100000 16504500000 -780300000
Normalized Income -1400453795 4888960000 -2128480000
Normalized Ebitda -157700000 1352700000 1866900000
Total Unusual Items 221200000 16590200000 1919400000
Total Unusual Items Excluding Goodwill 221200000 16590200000 1919400000
đź“ŚExpenses & Taxes
Expenses/Taxes
Value & Year
2024
2023
2022
Reconciled Depreciation 320800000 411400000 1059200000
Reconciled Cost Of Revenue 825200000 454700000 3352500000
Total Expenses 1068500000 672300000 3654700000
Operating Expense 243300000 217600000 302200000
Other Operating Expenses 170600000 160200000 202800000
Depreciation And Amortization In Income Statement - - 1059200000
Amortization - - -
Depreciation Income Statement - - 1059200000
Selling General And Administration 144600000 55700000 106600000
Selling And Marketing Expense - - -
General And Administrative Expense 144600000 55700000 106600000
Rent And Landing Fees - - -
Tax Provision -8300000 -264600000 2600000
Pretax Income -1051400000 16237500000 -807700000
Other Non Operating Income Expenses 197600000 441800000 850500000
Special Income Charges 82500000 16590200000 1919400000
Other Special Charges -410600000 -16944200000 -4508000000
Write Off 328100000 354000000 -38000000
Net Non Operating Interest Income Expense -537200000 -731600000 -3168700000
Total Other Finance Cost 19800000 21600000 30000000
Interest Expense Non Operating 794100000 1294000000 3534800000
Interest Income Non Operating 276700000 584000000 396100000
đź“Ś Earnings Per Share
Earnings Per Share
Value & Year
2024
2023
2022
Diluted Eps -5.71 79.73 -3.79
Basic Eps -5.71 79.73 -3.79
Diluted Ni Avail To Com Stockholders -1181000000 16502100000 -784900000
Net Income From Continuing Operations -1051400000 16813100000 -807700000
Minority Interests -137800000 -2400000 -4600000

Cash flow analysis for Essar Shipping Limited

The cashflow statement in the financial statement of the company shows how cash is moving in or moving out of the company over a period of time.

It consists of the following:

  • Operating activities: Cash flow from the core business operations.
  • Investing activities: Cashflow from investments made by the company.
  • Financing activities: These are cash from loans or by issuing shares or paying out dividends.
đź“ŚOperating Cash Flow
Operating Cash Flow
Value & Year
2024
2023
2022
Operating Cash Flow -465000000 5136100000 1403000000
Changes In Cash -603000000 -3650000000 65000000
Taxes Refund Paid 11800000 416000000 141400000
Change In Working Capital -142700000 3956300000 -1208900000
Change In Other Current Liabilities - - -
Change In Other Current Assets - - -
Change In Payable -420000000 -585700000 -2033700000
Change In Inventory 26800000 63400000 113600000
Change In Receivables 250500000 4478600000 711200000
Other Non Cash Items 126600000 -16212500000 -345900000
Stock Based Compensation - - -
Provision And Write Off Of Assets 4100000 340900000 307600000
Depreciation And Amortization 320800000 411400000 1059200000
Amortization Cash Flow - - -
Depreciation 320800000 411400000 1059200000
đź“ŚInvesting Cash Flow
Investing Cash Flow
Value & Year
2024
2023
2022
Investing Cash Flow 567200000 903100000 4929500000
Net Other Investing Changes - 100000 -100000
Interest Received Cfi 66300000 365800000 191300000
Dividends Received Cfi - - -
Net Investment Purchase And Sale 505500000 72000000 627500000
Sale Of Investment 513500000 73000000 -
Purchase Of Investment -8000000 -1000000 -
Net Business Purchase And Sale - - -
Sale Of Business - - -
Purchase Of Business - - -
Net Ppe Purchase And Sale -4600000 465200000 4110800000
Sale Of Ppe - 465200000 4110800000
Purchase Of Ppe -4600000 - -
Net Intangibles Purchase And Sale - - -
Purchase Of Intangibles - - -
đź“Ś Financing Cash Flow
Financing Cash Flow
Value & Year
2024
2023
2022
Financing Cash Flow -705200000 -9689200000 -6267500000
Net Other Financing Charges -3900000 -9689200000 -6237700000
Interest Paid Cff -17200000 - -29800000
Cash Dividends Paid - - -
Common Stock Dividend Paid - - -
Net Common Stock Issuance - - -
Common Stock Payments - - -
Common Stock Issuance - - -
Repurchase Of Capital Stock - - -
Repayment Of Debt -11303100000 -9689200000 -6237700000
Issuance Of Debt 10619000000 - 1296600000
Issuance Of Capital Stock - - -
Net Issuance Payments Of Debt -684100000 -9689200000 -6237700000
Net Short Term Debt Issuance 7781100000 - -
Short Term Debt Issuance 7781100000 - -
Net Long Term Debt Issuance -8465200000 -9689200000 -6237700000
Long Term Debt Payments -11303100000 -9689200000 -6237700000
Long Term Debt Issuance 2837900000 - 1296600000
Net Preferred Stock Issuance - - -
Preferred Stock Payments - - -

Summary

Fundamental Overview of ESSARSHPNG.NS (Essar Shipping Limited)

Above is the summary for fundamental analysis of Essar Shipping Limited , whose ticker name is ESSARSHPNG.NS and belongs to sector Industrials, and it is listed in NSE (National Stock Exchange).

The Essar Shipping Limited which is listed in NSE (National Stock Exchange) has a PE ratio of -6.37, ESSARSHPNG.NS has a net profit margin of -9.25, the acid test ratio for ESSARSHPNG.NS is 0.30, ESSARSHPNG.NS has an inventory turnover of 0.00, and ESSARSHPNG.NS has debt-to-equity ratio of -0.94.

The ESSARSHPNG.NS whose company name is Essar Shipping Limited has made profit/loss of -697500000 with total revenue of 127700000, ESSARSHPNG.NS has assets worth of 9110200000.

1. What is fundamental analysis?

Fundamental analysis is looking into a company’s real business performance by analyzing financial statements, earning reports, and key valuation ratios.

Basically, fundamental analysis involves examining a company’s revenue, profits, losses, debts, assets, liabilities, and ratios calculated using these values to determine long-term investment strategies.

Fundamental analysis may not work for short-term trading of stock; it is usually incorporated by long-term investors.

2. Importance of Fundamental Analysis

Imagine you are locking a good amount of funds into an unknown company for many years. Sounds stupid, right?

This is where fundamental analysis comes into the picture, which turns an unknown enemy into a known friend.

As fundamental analysis involves calculating how a company is actually performing, the real revenue, profits, assets, liabilities, debts, and more. This helps investors to determine what the actual current financial condition of the company is, how much the company’s stock price is justified when compared to earnings (Corporate earnings reports India) that it is making through business, what the probability is that the company will go bankrupt in the future, how much growth the company has shown in the past, and other financial ratios.

All these calculations and analyses determine the financial health of the company, historical business growth, company’s efficiency, and its stock price compared with real earnings (Corporate earnings reports India), which helps traders to make investment decisions for long-term investment strategies.

2. How to Use Our Tool

  • Search for the stock that you want to analyze in the search bar by typing the name of the company or ticker.
  • Once you land on the Stock Analytics Page, click on “Fundamental Analysis”; this will take you to the fundamental analysis page.
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  • On the “Fundamental Analysis” page, the first tab is for “Summary and Ratio,” where in the top section you can find the overall summary of the stock’s fundamental analysis, where on the leftmost side it has a textual summary, then in the middle a gauge chart that represents overall financial health, and then a list of important ratios.
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  • Then in the same “Summary and Ratio” tab, we have included a detailed analysis of stock in various aspects, which includes “Profitability Analysis,” “Liquidity Analysis,” “Efficiency Analysis,” “Coverage Analysis,” Solvency Analysis,” and “Market Analysis,” which divide the stock’s fundamentals into the above aspects and analyze each in the same format as for overall analysis, where the leftmost side has a textual summary, then in the middle a gauge chart that represents overall analysis of the particular section, and then a list of important ratios. Required for the particular analysis.
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