Pramara Promotions Balance Sheet Health
Financial Health criteria checks 3/6
Pramara Promotions has a total shareholder equity of ₹598.7M and total debt of ₹404.2M, which brings its debt-to-equity ratio to 67.5%. Its total assets and total liabilities are ₹1.0B and ₹442.4M respectively. Pramara Promotions's EBIT is ₹109.5M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹34.9M.
Key information
67.5%
Debt to equity ratio
₹404.20m
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₹34.95m |
| Equity | ₹598.69m |
| Total liabilities | ₹442.36m |
| Total assets | ₹1.04b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PRAMARA's short term assets (₹953.6M) exceed its short term liabilities (₹317.3M).
Long Term Liabilities: PRAMARA's short term assets (₹953.6M) exceed its long term liabilities (₹125.1M).
Debt to Equity History and Analysis
Debt Level: PRAMARA's net debt to equity ratio (61.7%) is considered high.
Reducing Debt: PRAMARA's debt to equity ratio has reduced from 208.8% to 67.5% over the past 5 years.
Debt Coverage: PRAMARA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PRAMARA's interest payments on its debt are not well covered by EBIT (2.5x coverage).