Premier Polyfilm Balance Sheet Health
Financial Health criteria checks 6/6
Premier Polyfilm has a total shareholder equity of ₹739.1M and total debt of ₹333.4M, which brings its debt-to-equity ratio to 45.1%. Its total assets and total liabilities are ₹1.4B and ₹639.4M respectively. Premier Polyfilm's EBIT is ₹247.5M making its interest coverage ratio 26.1. It has cash and short-term investments of ₹51.6M.
Key information
45.1%
Debt to equity ratio
₹333.40m
Debt
| Interest coverage ratio | 26.1x |
| Cash | ₹51.60m |
| Equity | ₹739.10m |
| Total liabilities | ₹639.40m |
| Total assets | ₹1.38b |
Recent financial health updates
Is Premier Polyfilm (NSE:PREMIERPOL) A Risky Investment?
Jul 03
Is Premier Polyfilm (NSE:PREMIERPOL) Using Too Much Debt?
Dec 28
Is Premier Polyfilm (NSE:PREMIERPOL) Using Too Much Debt?
Sep 25Recent updates
A Piece Of The Puzzle Missing From Premier Polyfilm Ltd.'s (NSE:PREMIERPOL) 33% Share Price Climb
Mar 01Investors Appear Satisfied With Premier Polyfilm Ltd.'s (NSE:PREMIERPOL) Prospects
Jan 04A Look Into Premier Polyfilm's (NSE:PREMIERPOL) Impressive Returns On Capital
Oct 12Premier Polyfilm (NSE:PREMIERPOL) Has Announced A Dividend Of ₹0.50
Sep 07Premier Polyfilm (NSE:PREMIERPOL) Is Paying Out A Dividend Of ₹0.50
Aug 24Premier Polyfilm (NSE:PREMIERPOL) Has Affirmed Its Dividend Of ₹0.50
Jun 27Is Premier Polyfilm (NSE:PREMIERPOL) A Risky Investment?
Jul 03What Did Premier Polyfilm's (NSE:PREMIERPOL) CEO Take Home Last Year?
Mar 02Is Premier Polyfilm Ltd.'s(NSE:PREMIERPOL) Recent Stock Performance Tethered To Its Strong Fundamentals?
Feb 03Is Premier Polyfilm (NSE:PREMIERPOL) Using Too Much Debt?
Dec 28A Look At Premier Polyfilm's (NSE:PREMIERPOL) CEO Remuneration
Dec 01Will Weakness in Premier Polyfilm Ltd.'s (NSE:PREMIERPOL) Stock Prove Temporary Given Strong Fundamentals?
Nov 05Is Premier Polyfilm (NSE:PREMIERPOL) Using Too Much Debt?
Sep 25Take Care Before Diving Into The Deep End On Premier Polyfilm Ltd. (NSE:PREMIERPOL)
Aug 29Investors Holding Back On Premier Polyfilm Ltd. (NSE:PREMIERPOL)
Aug 09Premier Polyfilm Ltd.'s (NSE:PREMIERPOL) Shares Not Telling The Full Story
Aug 09Should Premier Polyfilm Ltd. (NSE:PREMIERPOL) Be Part Of Your Dividend Portfolio?
Jul 12Financial Position Analysis
Short Term Liabilities: PREMIERPOL's short term assets (₹756.9M) exceed its short term liabilities (₹495.5M).
Long Term Liabilities: PREMIERPOL's short term assets (₹756.9M) exceed its long term liabilities (₹143.9M).
Debt to Equity History and Analysis
Debt Level: PREMIERPOL's net debt to equity ratio (38.1%) is considered satisfactory.
Reducing Debt: PREMIERPOL's debt to equity ratio has reduced from 78.1% to 45.1% over the past 5 years.
Debt Coverage: PREMIERPOL's debt is well covered by operating cash flow (37.3%).
Interest Coverage: PREMIERPOL's interest payments on its debt are well covered by EBIT (26.1x coverage).