Pritika Auto Industries Balance Sheet Health
Financial Health criteria checks 3/6
Pritika Auto Industries has a total shareholder equity of ₹2.5B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 58.9%. Its total assets and total liabilities are ₹4.7B and ₹2.2B respectively. Pritika Auto Industries's EBIT is ₹369.7M making its interest coverage ratio 2.8. It has cash and short-term investments of ₹135.4M.
Key information
58.9%
Debt to equity ratio
₹1.46b
Debt
| Interest coverage ratio | 2.8x |
| Cash | ₹135.36m |
| Equity | ₹2.49b |
| Total liabilities | ₹2.22b |
| Total assets | ₹4.71b |
Recent financial health updates
Recent updates
Optimistic Investors Push Pritika Auto Industries Limited (NSE:PRITIKAUTO) Shares Up 27% But Growth Is Lacking
Aug 23
These 4 Measures Indicate That Pritika Auto Industries (NSE:PRITIKAUTO) Is Using Debt Extensively
Aug 03Pritika Auto Industries' (NSE:PRITIKAUTO) Earnings Quality Is Low
May 31Pritika Auto Industries Limited's (NSE:PRITIKAUTO) 35% Cheaper Price Remains In Tune With Earnings
Mar 21Earnings Tell The Story For Pritika Auto Industries Limited (NSE:PRITIKAUTO) As Its Stock Soars 26%
Feb 05Even With A 45% Surge, Cautious Investors Are Not Rewarding Pritika Auto Industries Limited's (NSE:PRITIKAUTO) Performance Completely
Dec 18Pritika Auto Industries (NSE:PRITIKAUTO) Will Want To Turn Around Its Return Trends
Sep 09Pritika Auto Industries' (NSE:PRITIKAUTO) Profits Appear To Have Quality Issues
Nov 20Pritika Auto Industries Limited (NSE:PRITIKAUTO) Looks Inexpensive But Perhaps Not Attractive Enough
May 13Financial Position Analysis
Short Term Liabilities: PRITIKAUTO's short term assets (₹2.2B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: PRITIKAUTO's short term assets (₹2.2B) exceed its long term liabilities (₹790.4M).
Debt to Equity History and Analysis
Debt Level: PRITIKAUTO's net debt to equity ratio (53.4%) is considered high.
Reducing Debt: PRITIKAUTO's debt to equity ratio has increased from 50.9% to 58.9% over the past 5 years.
Debt Coverage: PRITIKAUTO's debt is well covered by operating cash flow (27.2%).
Interest Coverage: PRITIKAUTO's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 16:40 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Pritika Auto Industries Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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