Porwal Auto Components Balance Sheet Health
Financial Health criteria checks 6/6
Porwal Auto Components has a total shareholder equity of ₹613.6M and total debt of ₹44.8M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are ₹918.2M and ₹304.6M respectively. Porwal Auto Components's EBIT is ₹36.1M making its interest coverage ratio 50.3. It has cash and short-term investments of ₹82.0K.
Key information
7.3%
Debt to equity ratio
₹44.84m
Debt
| Interest coverage ratio | 50.3x |
| Cash | ₹82.00k |
| Equity | ₹613.62m |
| Total liabilities | ₹304.56m |
| Total assets | ₹918.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532933's short term assets (₹313.2M) exceed its short term liabilities (₹304.2M).
Long Term Liabilities: 532933's short term assets (₹313.2M) exceed its long term liabilities (₹408.0K).
Debt to Equity History and Analysis
Debt Level: 532933's net debt to equity ratio (7.3%) is considered satisfactory.
Reducing Debt: 532933's debt to equity ratio has reduced from 24.4% to 7.3% over the past 5 years.
Debt Coverage: 532933's debt is well covered by operating cash flow (197.4%).
Interest Coverage: 532933's interest payments on its debt are well covered by EBIT (50.3x coverage).