Prabhhans Industries Balance Sheet Health
Financial Health criteria checks 3/6
Prabhhans Industries has a total shareholder equity of ₹85.6M and total debt of ₹55.1M, which brings its debt-to-equity ratio to 64.4%. Its total assets and total liabilities are ₹336.3M and ₹250.7M respectively. Prabhhans Industries's EBIT is ₹31.6M making its interest coverage ratio 8.4. It has cash and short-term investments of ₹6.4M.
Key information
64.4%
Debt to equity ratio
₹55.12m
Debt
| Interest coverage ratio | 8.4x |
| Cash | ₹6.37m |
| Equity | ₹85.63m |
| Total liabilities | ₹250.70m |
| Total assets | ₹336.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530361's short term assets (₹299.5M) exceed its short term liabilities (₹198.5M).
Long Term Liabilities: 530361's short term assets (₹299.5M) exceed its long term liabilities (₹52.2M).
Debt to Equity History and Analysis
Debt Level: 530361's net debt to equity ratio (56.9%) is considered high.
Reducing Debt: 530361's debt to equity ratio has increased from 0% to 64.4% over the past 5 years.
Debt Coverage: 530361's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 530361's interest payments on its debt are well covered by EBIT (8.4x coverage).