Prakash Pipes Balance Sheet Health
Financial Health criteria checks 5/6
Prakash Pipes has a total shareholder equity of ₹4.1B and total debt of ₹580.1M, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are ₹5.9B and ₹1.8B respectively. Prakash Pipes's EBIT is ₹1.1B making its interest coverage ratio 24.7. It has cash and short-term investments of ₹3.0B.
Key information
14.1%
Debt to equity ratio
₹580.10m
Debt
| Interest coverage ratio | 24.7x |
| Cash | ₹3.04b |
| Equity | ₹4.10b |
| Total liabilities | ₹1.80b |
| Total assets | ₹5.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542684's short term assets (₹4.9B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: 542684's short term assets (₹4.9B) exceed its long term liabilities (₹147.6M).
Debt to Equity History and Analysis
Debt Level: 542684 has more cash than its total debt.
Reducing Debt: 542684's debt to equity ratio has increased from 0.3% to 14.1% over the past 5 years.
Debt Coverage: 542684's debt is well covered by operating cash flow (218.9%).
Interest Coverage: 542684's interest payments on its debt are well covered by EBIT (24.7x coverage).