Praj Industries Balance Sheet Health
Financial Health criteria checks 6/6
Praj Industries has a total shareholder equity of ₹13.0B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹28.7B and ₹15.7B respectively. Praj Industries's EBIT is ₹3.4B making its interest coverage ratio 574.9. It has cash and short-term investments of ₹6.5B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 574.9x |
| Cash | ₹6.55b |
| Equity | ₹13.00b |
| Total liabilities | ₹15.67b |
| Total assets | ₹28.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522205's short term assets (₹21.7B) exceed its short term liabilities (₹14.0B).
Long Term Liabilities: 522205's short term assets (₹21.7B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: 522205 is debt free.
Reducing Debt: 522205 has no debt compared to 5 years ago when its debt to equity ratio was 0.01%.
Debt Coverage: 522205 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 522205 has no debt, therefore coverage of interest payments is not a concern.