Pioneer Embroideries Balance Sheet Health
Financial Health criteria checks 2/6
Pioneer Embroideries has a total shareholder equity of ₹1.4B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 84.3%. Its total assets and total liabilities are ₹3.4B and ₹2.0B respectively. Pioneer Embroideries's EBIT is ₹86.3M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹36.3M.
Key information
84.3%
Debt to equity ratio
₹1.14b
Debt
Interest coverage ratio | 1.3x |
Cash | ₹36.30m |
Equity | ₹1.35b |
Total liabilities | ₹2.03b |
Total assets | ₹3.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514300's short term assets (₹1.4B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 514300's short term assets (₹1.4B) exceed its long term liabilities (₹863.2M).
Debt to Equity History and Analysis
Debt Level: 514300's net debt to equity ratio (81.6%) is considered high.
Reducing Debt: 514300's debt to equity ratio has increased from 75.7% to 84.3% over the past 5 years.
Debt Coverage: 514300's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: 514300's interest payments on its debt are not well covered by EBIT (1.3x coverage).