Panafic Industrials Balance Sheet Health
Financial Health criteria checks 4/6
Panafic Industrials has a total shareholder equity of ₹99.2M and total debt of ₹12.3M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are ₹113.4M and ₹14.2M respectively.
Key information
12.4%
Debt to equity ratio
₹12.35m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹1.19m |
| Equity | ₹99.18m |
| Total liabilities | ₹14.23m |
| Total assets | ₹113.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538860's short term assets (₹111.1M) exceed its short term liabilities (₹1.7M).
Long Term Liabilities: 538860's short term assets (₹111.1M) exceed its long term liabilities (₹12.5M).
Debt to Equity History and Analysis
Debt Level: 538860's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: 538860's debt to equity ratio has reduced from 149.1% to 12.4% over the past 5 years.
Debt Coverage: 538860's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 538860's interest payments on its debt are well covered by EBIT.