Prakash Woollen & Synthetic Mills Balance Sheet Health
Financial Health criteria checks 2/6
Prakash Woollen & Synthetic Mills has a total shareholder equity of ₹479.5M and total debt of ₹523.7M, which brings its debt-to-equity ratio to 109.2%. Its total assets and total liabilities are ₹1.3B and ₹790.6M respectively. Prakash Woollen & Synthetic Mills's EBIT is ₹48.7M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹1.7M.
Key information
109.2%
Debt to equity ratio
₹523.66m
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₹1.73m |
| Equity | ₹479.53m |
| Total liabilities | ₹790.56m |
| Total assets | ₹1.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531437's short term assets (₹562.7M) exceed its short term liabilities (₹522.8M).
Long Term Liabilities: 531437's short term assets (₹562.7M) exceed its long term liabilities (₹267.8M).
Debt to Equity History and Analysis
Debt Level: 531437's net debt to equity ratio (108.8%) is considered high.
Reducing Debt: 531437's debt to equity ratio has increased from 74.4% to 109.2% over the past 5 years.
Debt Coverage: 531437's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: 531437's interest payments on its debt are not well covered by EBIT (1.1x coverage).