Premier Polyfilm Balance Sheet Health
Financial Health criteria checks 6/6
Premier Polyfilm has a total shareholder equity of ₹739.1M and total debt of ₹333.4M, which brings its debt-to-equity ratio to 45.1%. Its total assets and total liabilities are ₹1.4B and ₹639.4M respectively. Premier Polyfilm's EBIT is ₹247.5M making its interest coverage ratio 26.1. It has cash and short-term investments of ₹51.6M.
Key information
45.1%
Debt to equity ratio
₹333.40m
Debt
Interest coverage ratio | 26.1x |
Cash | ₹51.60m |
Equity | ₹739.10m |
Total liabilities | ₹639.40m |
Total assets | ₹1.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514354's short term assets (₹756.9M) exceed its short term liabilities (₹495.5M).
Long Term Liabilities: 514354's short term assets (₹756.9M) exceed its long term liabilities (₹143.9M).
Debt to Equity History and Analysis
Debt Level: 514354's net debt to equity ratio (38.1%) is considered satisfactory.
Reducing Debt: 514354's debt to equity ratio has reduced from 78.1% to 45.1% over the past 5 years.
Debt Coverage: 514354's debt is well covered by operating cash flow (37.3%).
Interest Coverage: 514354's interest payments on its debt are well covered by EBIT (26.1x coverage).