Polymechplast Machines Balance Sheet Health
Financial Health criteria checks 5/6
Polymechplast Machines has a total shareholder equity of ₹251.0M and total debt of ₹24.0M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are ₹474.9M and ₹224.0M respectively. Polymechplast Machines's EBIT is ₹11.6M making its interest coverage ratio -4.2. It has cash and short-term investments of ₹27.2M.
Key information
9.6%
Debt to equity ratio
₹24.01m
Debt
| Interest coverage ratio | -4.2x |
| Cash | ₹27.23m |
| Equity | ₹250.95m |
| Total liabilities | ₹223.99m |
| Total assets | ₹474.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526043's short term assets (₹220.9M) do not cover its short term liabilities (₹224.0M).
Long Term Liabilities: 526043 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 526043 has more cash than its total debt.
Reducing Debt: 526043's debt to equity ratio has reduced from 43.1% to 9.6% over the past 5 years.
Debt Coverage: 526043's debt is well covered by operating cash flow (137.8%).
Interest Coverage: 526043 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 20:13 |
| End of Day Share Price | 2024/12/23 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Polymechplast Machines 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.
| Analyst | Institution |
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