Presstonic Engineering Balance Sheet Health
Financial Health criteria checks 3/6
Presstonic Engineering has a total shareholder equity of ₹203.9M and total debt of ₹94.1M, which brings its debt-to-equity ratio to 46.1%. Its total assets and total liabilities are ₹323.1M and ₹119.1M respectively.
Key information
46.1%
Debt to equity ratio
₹94.07m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹39.63m |
| Equity | ₹203.93m |
| Total liabilities | ₹119.14m |
| Total assets | ₹323.07m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: PRESSTONIC's short term assets (₹215.6M) exceed its short term liabilities (₹86.5M).
Long Term Liabilities: PRESSTONIC's short term assets (₹215.6M) exceed its long term liabilities (₹32.6M).
Debt to Equity History and Analysis
Debt Level: PRESSTONIC's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PRESSTONIC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PRESSTONIC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PRESSTONIC's interest payments on its debt are well covered by EBIT.