Pioneer Embroideries Balance Sheet Health
Financial Health criteria checks 2/6
Pioneer Embroideries has a total shareholder equity of ₹1.5B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 75.6%. Its total assets and total liabilities are ₹3.3B and ₹1.9B respectively. Pioneer Embroideries's EBIT is ₹127.3M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹25.6M.
Key information
75.6%
Debt to equity ratio
₹1.10b
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₹25.59m |
| Equity | ₹1.46b |
| Total liabilities | ₹1.86b |
| Total assets | ₹3.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514300's short term assets (₹1.3B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: 514300's short term assets (₹1.3B) exceed its long term liabilities (₹830.5M).
Debt to Equity History and Analysis
Debt Level: 514300's net debt to equity ratio (73.8%) is considered high.
Reducing Debt: 514300's debt to equity ratio has increased from 72.3% to 75.6% over the past 5 years.
Debt Coverage: 514300's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: 514300's interest payments on its debt are not well covered by EBIT (1.3x coverage).