Premco Global Balance Sheet Health
Financial Health criteria checks 5/6
Premco Global has a total shareholder equity of ₹1.1B and total debt of ₹69.1M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are ₹1.3B and ₹174.8M respectively. Premco Global's EBIT is ₹102.3M making its interest coverage ratio 14.8. It has cash and short-term investments of ₹309.5M.
Key information
6.2%
Debt to equity ratio
₹69.11m
Debt
Interest coverage ratio | 14.8x |
Cash | ₹309.49m |
Equity | ₹1.12b |
Total liabilities | ₹174.82m |
Total assets | ₹1.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530331's short term assets (₹738.2M) exceed its short term liabilities (₹120.3M).
Long Term Liabilities: 530331's short term assets (₹738.2M) exceed its long term liabilities (₹54.5M).
Debt to Equity History and Analysis
Debt Level: 530331 has more cash than its total debt.
Reducing Debt: 530331's debt to equity ratio has increased from 6.2% to 6.2% over the past 5 years.
Debt Coverage: 530331's debt is well covered by operating cash flow (203.2%).
Interest Coverage: 530331's interest payments on its debt are well covered by EBIT (14.8x coverage).