Pritika Engineering Components Balance Sheet Health
Financial Health criteria checks 3/6
Pritika Engineering Components has a total shareholder equity of ₹423.3M and total debt of ₹659.8M, which brings its debt-to-equity ratio to 155.9%. Its total assets and total liabilities are ₹1.4B and ₹934.6M respectively. Pritika Engineering Components's EBIT is ₹101.3M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹24.4M.
Key information
155.9%
Debt to equity ratio
₹659.81m
Debt
| Interest coverage ratio | 2.3x |
| Cash | ₹24.36m |
| Equity | ₹423.25m |
| Total liabilities | ₹934.59m |
| Total assets | ₹1.36b |
Recent financial health updates
Does Pritika Engineering Components (NSE:PRITIKA) Have A Healthy Balance Sheet?
Dec 21
These 4 Measures Indicate That Pritika Engineering Components (NSE:PRITIKA) Is Using Debt Extensively
Jun 21Recent updates
Does Pritika Engineering Components (NSE:PRITIKA) Have A Healthy Balance Sheet?
Dec 21Pritika Engineering Components' (NSE:PRITIKA) Returns On Capital Are Heading Higher
Nov 09Pritika Engineering Components Limited's (NSE:PRITIKA) Shares Leap 27% Yet They're Still Not Telling The Full Story
Jul 11These 4 Measures Indicate That Pritika Engineering Components (NSE:PRITIKA) Is Using Debt Extensively
Jun 21Pritika Engineering Components (NSE:PRITIKA) Is Experiencing Growth In Returns On Capital
May 07Investors Give Pritika Engineering Components Limited (NSE:PRITIKA) Shares A 27% Hiding
Mar 17Pritika Engineering Components Limited (NSE:PRITIKA) Soars 29% But It's A Story Of Risk Vs Reward
Feb 01Pritika Engineering Components (NSE:PRITIKA) Shareholders Will Want The ROCE Trajectory To Continue
Jan 25Financial Position Analysis
Short Term Liabilities: PRITIKA's short term assets (₹454.6M) exceed its short term liabilities (₹350.0M).
Long Term Liabilities: PRITIKA's short term assets (₹454.6M) do not cover its long term liabilities (₹584.6M).
Debt to Equity History and Analysis
Debt Level: PRITIKA's net debt to equity ratio (150.1%) is considered high.
Reducing Debt: PRITIKA's debt to equity ratio has reduced from 374.8% to 155.9% over the past 5 years.
Debt Coverage: PRITIKA's debt is well covered by operating cash flow (23.6%).
Interest Coverage: PRITIKA's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 00:39 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Pritika Engineering Components Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.