Prakash Pipes Balance Sheet Health
Financial Health criteria checks 5/6
Prakash Pipes has a total shareholder equity of ₹3.7B and total debt of ₹401.8M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are ₹4.9B and ₹1.3B respectively. Prakash Pipes's EBIT is ₹976.1M making its interest coverage ratio 26. It has cash and short-term investments of ₹2.6B.
Key information
11.0%
Debt to equity ratio
₹401.80m
Debt
Interest coverage ratio | 26x |
Cash | ₹2.58b |
Equity | ₹3.65b |
Total liabilities | ₹1.27b |
Total assets | ₹4.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542684's short term assets (₹4.0B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 542684's short term assets (₹4.0B) exceed its long term liabilities (₹126.2M).
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 0.08% to 11% over the past 5 years.
Debt Coverage: 542684's debt is well covered by operating cash flow (297.8%).
Interest Coverage: 542684's interest payments on its debt are well covered by EBIT (26x coverage).