Pasupati Spinning & Weaving Mills Balance Sheet Health
Financial Health criteria checks 2/6
Pasupati Spinning & Weaving Mills has a total shareholder equity of ₹303.9M and total debt of ₹498.7M, which brings its debt-to-equity ratio to 164.1%. Its total assets and total liabilities are ₹1.0B and ₹720.1M respectively. Pasupati Spinning & Weaving Mills's EBIT is ₹52.6M making its interest coverage ratio 1.2. It has cash and short-term investments of ₹12.9M.
Key information
164.1%
Debt to equity ratio
₹498.70m
Debt
| Interest coverage ratio | 1.2x |
| Cash | ₹12.90m |
| Equity | ₹303.90m |
| Total liabilities | ₹720.10m |
| Total assets | ₹1.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 503092's short term assets (₹669.0M) exceed its short term liabilities (₹646.0M).
Long Term Liabilities: 503092's short term assets (₹669.0M) exceed its long term liabilities (₹74.1M).
Debt to Equity History and Analysis
Debt Level: 503092's net debt to equity ratio (159.9%) is considered high.
Reducing Debt: 503092's debt to equity ratio has increased from 159.9% to 164.1% over the past 5 years.
Debt Coverage: 503092's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: 503092's interest payments on its debt are not well covered by EBIT (1.2x coverage).