Porwal Auto Components Balance Sheet Health
Financial Health criteria checks 5/6
Porwal Auto Components has a total shareholder equity of ₹627.6M and total debt of ₹140.7M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are ₹841.5M and ₹213.8M respectively. Porwal Auto Components's EBIT is ₹63.0M making its interest coverage ratio 2.7. It has cash and short-term investments of ₹1.2M.
Key information
22.4%
Debt to equity ratio
₹140.74m
Debt
Interest coverage ratio | 2.7x |
Cash | ₹1.23m |
Equity | ₹627.65m |
Total liabilities | ₹213.80m |
Total assets | ₹841.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532933's short term assets (₹246.7M) exceed its short term liabilities (₹212.7M).
Long Term Liabilities: 532933's short term assets (₹246.7M) exceed its long term liabilities (₹1.1M).
Debt to Equity History and Analysis
Debt Level: 532933's net debt to equity ratio (22.2%) is considered satisfactory.
Reducing Debt: 532933's debt to equity ratio has reduced from 23.6% to 22.4% over the past 5 years.
Debt Coverage: 532933's debt is well covered by operating cash flow (62.9%).
Interest Coverage: 532933's interest payments on its debt are not well covered by EBIT (2.7x coverage).