Patdiam Jewellery Balance Sheet Health
Financial Health criteria checks 6/6
Patdiam Jewellery has a total shareholder equity of ₹556.5M and total debt of ₹107.1M, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are ₹757.5M and ₹201.0M respectively. Patdiam Jewellery's EBIT is ₹80.4M making its interest coverage ratio -24.1. It has cash and short-term investments of ₹15.2M.
Debt to equity ratio
|Interest coverage ratio||-24.1x|
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 539401's short term assets (₹703.8M) exceed its short term liabilities (₹200.6M).
Long Term Liabilities: 539401's short term assets (₹703.8M) exceed its long term liabilities (₹414.0K).
Debt to Equity History and Analysis
Debt Level: 539401's net debt to equity ratio (16.5%) is considered satisfactory.
Reducing Debt: 539401's debt to equity ratio has reduced from 49.4% to 19.2% over the past 5 years.
Debt Coverage: 539401's debt is well covered by operating cash flow (62.8%).
Interest Coverage: 539401 earns more interest than it pays, so coverage of interest payments is not a concern.