Pasupati Spinning & Weaving Mills Balance Sheet Health
Financial Health criteria checks 2/6
Pasupati Spinning & Weaving Mills has a total shareholder equity of ₹299.1M and total debt of ₹539.0M, which brings its debt-to-equity ratio to 180.2%. Its total assets and total liabilities are ₹1.0B and ₹741.3M respectively. Pasupati Spinning & Weaving Mills's EBIT is ₹42.9M making its interest coverage ratio 0.9. It has cash and short-term investments of ₹27.5M.
Key information
180.2%
Debt to equity ratio
₹539.00m
Debt
Interest coverage ratio | 0.9x |
Cash | ₹27.50m |
Equity | ₹299.10m |
Total liabilities | ₹741.30m |
Total assets | ₹1.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 503092's short term assets (₹689.1M) exceed its short term liabilities (₹637.6M).
Long Term Liabilities: 503092's short term assets (₹689.1M) exceed its long term liabilities (₹103.7M).
Debt to Equity History and Analysis
Debt Level: 503092's net debt to equity ratio (171%) is considered high.
Reducing Debt: 503092's debt to equity ratio has increased from 145.1% to 180.2% over the past 5 years.
Debt Coverage: 503092's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: 503092's interest payments on its debt are not well covered by EBIT (0.9x coverage).