Prakash Woollen & Synthetic Mills Balance Sheet Health
Financial Health criteria checks 2/6
Prakash Woollen & Synthetic Mills has a total shareholder equity of ₹455.7M and total debt of ₹517.6M, which brings its debt-to-equity ratio to 113.6%. Its total assets and total liabilities are ₹1.4B and ₹911.3M respectively. Prakash Woollen & Synthetic Mills's EBIT is ₹41.1M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹595.0K.
Key information
113.6%
Debt to equity ratio
₹517.57m
Debt
Interest coverage ratio | 1.1x |
Cash | ₹595.00k |
Equity | ₹455.67m |
Total liabilities | ₹911.25m |
Total assets | ₹1.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531437's short term assets (₹636.8M) exceed its short term liabilities (₹618.7M).
Long Term Liabilities: 531437's short term assets (₹636.8M) exceed its long term liabilities (₹292.6M).
Debt to Equity History and Analysis
Debt Level: 531437's net debt to equity ratio (113.5%) is considered high.
Reducing Debt: 531437's debt to equity ratio has increased from 90.6% to 113.6% over the past 5 years.
Debt Coverage: 531437's debt is not well covered by operating cash flow (16.7%).
Interest Coverage: 531437's interest payments on its debt are not well covered by EBIT (1.1x coverage).