Premier Polyfilm Balance Sheet Health
Financial Health criteria checks 6/6
Premier Polyfilm has a total shareholder equity of ₹944.3M and total debt of ₹196.7M, which brings its debt-to-equity ratio to 20.8%. Its total assets and total liabilities are ₹1.3B and ₹387.0M respectively. Premier Polyfilm's EBIT is ₹277.9M making its interest coverage ratio 17. It has cash and short-term investments of ₹47.9M.
Key information
20.8%
Debt to equity ratio
₹196.70m
Debt
| Interest coverage ratio | 17x |
| Cash | ₹47.90m |
| Equity | ₹944.30m |
| Total liabilities | ₹387.00m |
| Total assets | ₹1.33b |
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
The Market Lifts Premier Polyfilm Ltd. (NSE:PREMIERPOL) Shares 26% But It Can Do More
Sep 13Premier Polyfilm (NSE:PREMIERPOL) Has Announced That It Will Be Increasing Its Dividend To ₹0.75
Aug 24Premier Polyfilm (NSE:PREMIERPOL) Has Announced That It Will Be Increasing Its Dividend To ₹0.75
Aug 05Investors Continue Waiting On Sidelines For Premier Polyfilm Ltd. (NSE:PREMIERPOL)
Jun 14A 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 (₹686.3M) exceed its short term liabilities (₹276.5M).
Long Term Liabilities: PREMIERPOL's short term assets (₹686.3M) exceed its long term liabilities (₹110.5M).
Debt to Equity History and Analysis
Debt Level: PREMIERPOL's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: PREMIERPOL's debt to equity ratio has reduced from 52.3% to 20.8% over the past 5 years.
Debt Coverage: PREMIERPOL's debt is well covered by operating cash flow (136.8%).
Interest Coverage: PREMIERPOL's interest payments on its debt are well covered by EBIT (17x coverage).