Praj Industries Balance Sheet Health
Financial Health criteria checks 5/6
Praj Industries has a total shareholder equity of ₹11.1B and total debt of ₹375.7M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are ₹25.8B and ₹14.7B respectively. Praj Industries's EBIT is ₹3.2B making its interest coverage ratio -347.4. It has cash and short-term investments of ₹5.9B.
Key information
3.4%
Debt to equity ratio
₹375.75m
Debt
| Interest coverage ratio | -347.4x |
| Cash | ₹5.86b |
| Equity | ₹11.13b |
| Total liabilities | ₹14.69b |
| Total assets | ₹25.82b |
Recent financial health updates
Praj Industries (NSE:PRAJIND) Could Easily Take On More Debt
Mar 26
Does Praj Industries (NSE:PRAJIND) Have A Healthy Balance Sheet?
Mar 03We Think Praj Industries (NSE:PRAJIND) Can Manage Its Debt With Ease
Sep 11Recent updates
Praj Industries (NSE:PRAJIND) Could Easily Take On More Debt
Mar 26Unpleasant Surprises Could Be In Store For Praj Industries Limited's (NSE:PRAJIND) Shares
Feb 20Praj Industries Limited Recorded A 19% Miss On Revenue: Analysts Are Revisiting Their Models
Feb 05Why The 27% Return On Capital At Praj Industries (NSE:PRAJIND) Should Have Your Attention
Dec 11Do Praj Industries' (NSE:PRAJIND) Earnings Warrant Your Attention?
Nov 09Returns On Capital Are A Standout For Praj Industries (NSE:PRAJIND)
Aug 22Praj Industries' (NSE:PRAJIND) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 09Does Praj Industries (NSE:PRAJIND) Deserve A Spot On Your Watchlist?
Mar 16The Trend Of High Returns At Praj Industries (NSE:PRAJIND) Has Us Very Interested
Dec 26Is Now An Opportune Moment To Examine Praj Industries Limited (NSE:PRAJIND)?
Nov 23Investors Shouldn't Overlook Praj Industries' (NSE:PRAJIND) Impressive Returns On Capital
Aug 30News Flash: One Analyst Just Made A Substantial Upgrade To Their Praj Industries Limited (NSE:PRAJIND) Forecasts
Aug 07Praj Industries (NSE:PRAJIND) Will Pay A Larger Dividend Than Last Year At ₹4.20
Jul 15When Should You Buy Praj Industries Limited (NSE:PRAJIND)?
Jul 08Returns on Capital Paint A Bright Future For Praj Industries (NSE:PRAJIND)
May 05Here's Why I Think Praj Industries (NSE:PRAJIND) Is An Interesting Stock
Apr 14Does Praj Industries (NSE:PRAJIND) Have A Healthy Balance Sheet?
Mar 03At ₹402, Is Praj Industries Limited (NSE:PRAJIND) Worth Looking At Closely?
Jan 14I Ran A Stock Scan For Earnings Growth And Praj Industries (NSE:PRAJIND) Passed With Ease
Dec 29We Think Praj Industries (NSE:PRAJIND) Can Manage Its Debt With Ease
Sep 11We Take A Look At Whether Praj Industries Limited's (NSE:PRAJIND) CEO May Be Underpaid
Aug 04The Praj Industries Limited (NSE:PRAJIND) Analyst Just Boosted Their Forecasts By A Substantial Amount
Jul 10Should You Investigate Praj Industries Limited (NSE:PRAJIND) At ₹335?
May 31Some Investors May Be Worried About Praj Industries' (NSE:PRAJIND) Returns On Capital
Apr 12Is Praj Industries Limited's (NSE:PRAJIND) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Mar 15Should You Buy Praj Industries Limited (NSE:PRAJIND) For Its Dividend?
Feb 14A Look At Praj Industries' (NSE:PRAJIND) CEO Remuneration
Jan 31
Should You Think About Buying Praj Industries Limited (NSE:PRAJIND) Now?
Jan 18Is Praj Industries (NSE:PRAJIND) Using Capital Effectively?
Jan 03Financial Position Analysis
Short Term Liabilities: PRAJIND's short term assets (₹21.1B) exceed its short term liabilities (₹14.3B).
Long Term Liabilities: PRAJIND's short term assets (₹21.1B) exceed its long term liabilities (₹406.3M).
Debt to Equity History and Analysis
Debt Level: PRAJIND has more cash than its total debt.
Reducing Debt: PRAJIND's debt to equity ratio has increased from 0% to 3.4% over the past 5 years.
Debt Coverage: PRAJIND's debt is well covered by operating cash flow (737.2%).
Interest Coverage: PRAJIND earns more interest than it pays, so coverage of interest payments is not a concern.