Prabhhans Industries Balance Sheet Health
Financial Health criteria checks 5/6
Prabhhans Industries has a total shareholder equity of ₹66.1M and total debt of ₹2.8M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are ₹214.1M and ₹148.0M respectively. Prabhhans Industries's EBIT is ₹19.5M making its interest coverage ratio 106.2. It has cash and short-term investments of ₹1.7M.
Key information
4.3%
Debt to equity ratio
₹2.81m
Debt
Interest coverage ratio | 106.2x |
Cash | ₹1.68m |
Equity | ₹66.07m |
Total liabilities | ₹148.03m |
Total assets | ₹214.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530361's short term assets (₹179.4M) exceed its short term liabilities (₹148.0M).
Long Term Liabilities: 530361's short term assets (₹179.4M) exceed its long term liabilities (₹42.0K).
Debt to Equity History and Analysis
Debt Level: 530361's net debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: 530361's debt to equity ratio has increased from 0% to 4.3% over the past 5 years.
Debt Coverage: 530361's debt is well covered by operating cash flow (598.1%).
Interest Coverage: 530361's interest payments on its debt are well covered by EBIT (106.2x coverage).