Pramara Promotions Balance Sheet Health
Financial Health criteria checks 3/6
Pramara Promotions has a total shareholder equity of ₹329.4M and total debt of ₹336.9M, which brings its debt-to-equity ratio to 102.3%. Its total assets and total liabilities are ₹720.5M and ₹391.1M respectively. Pramara Promotions's EBIT is ₹92.0M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹37.7M.
Key information
102.3%
Debt to equity ratio
₹336.92m
Debt
Interest coverage ratio | 1.9x |
Cash | ₹37.69m |
Equity | ₹329.37m |
Total liabilities | ₹391.11m |
Total assets | ₹720.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRAMARA's short term assets (₹640.1M) exceed its short term liabilities (₹259.6M).
Long Term Liabilities: PRAMARA's short term assets (₹640.1M) exceed its long term liabilities (₹131.6M).
Debt to Equity History and Analysis
Debt Level: PRAMARA's net debt to equity ratio (90.8%) is considered high.
Reducing Debt: PRAMARA's debt to equity ratio has reduced from 219.8% to 102.3% 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 (1.9x coverage).