Praj Industries Balance Sheet Health
Financial Health criteria checks 5/6
Praj Industries has a total shareholder equity of ₹11.1B and total debt of ₹375.7M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are ₹25.8B and ₹14.7B respectively. Praj Industries's EBIT is ₹3.2B making its interest coverage ratio -347.4. It has cash and short-term investments of ₹5.9B.
Key information
3.4%
Debt to equity ratio
₹375.75m
Debt
Interest coverage ratio | -347.4x |
Cash | ₹5.86b |
Equity | ₹11.13b |
Total liabilities | ₹14.69b |
Total assets | ₹25.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522205's short term assets (₹21.1B) exceed its short term liabilities (₹14.3B).
Long Term Liabilities: 522205's short term assets (₹21.1B) exceed its long term liabilities (₹406.3M).
Debt to Equity History and Analysis
Debt Level: 522205 has more cash than its total debt.
Reducing Debt: 522205's debt to equity ratio has increased from 0% to 3.4% over the past 5 years.
Debt Coverage: 522205's debt is well covered by operating cash flow (737.2%).
Interest Coverage: 522205 earns more interest than it pays, so coverage of interest payments is not a concern.