Parker Agrochem Exports Balance Sheet Health
Financial Health criteria checks 4/6
Parker Agrochem Exports has a total shareholder equity of ₹43.3M and total debt of ₹4.9M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are ₹54.0M and ₹10.7M respectively. Parker Agrochem Exports's EBIT is ₹25.8M making its interest coverage ratio 42.7. It has cash and short-term investments of ₹1.7M.
Key information
11.3%
Debt to equity ratio
₹4.89m
Debt
Interest coverage ratio | 42.7x |
Cash | ₹1.69m |
Equity | ₹43.26m |
Total liabilities | ₹10.73m |
Total assets | ₹53.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524628's short term assets (₹22.8M) exceed its short term liabilities (₹9.3M).
Long Term Liabilities: 524628's short term assets (₹22.8M) exceed its long term liabilities (₹1.4M).
Debt to Equity History and Analysis
Debt Level: 524628's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: 524628's debt to equity ratio has increased from 0.7% to 11.3% over the past 5 years.
Debt Coverage: 524628's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 524628's interest payments on its debt are well covered by EBIT (42.7x coverage).