Patanjali Foods Balance Sheet Health
Financial Health criteria checks 6/6
Patanjali Foods has a total shareholder equity of ₹102.0B and total debt of ₹12.6B, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are ₹138.5B and ₹36.5B respectively. Patanjali Foods's EBIT is ₹10.4B making its interest coverage ratio -6.4. It has cash and short-term investments of ₹20.6B.
Key information
12.4%
Debt to equity ratio
₹12.63b
Debt
Interest coverage ratio | -6.4x |
Cash | ₹20.55b |
Equity | ₹102.04b |
Total liabilities | ₹36.48b |
Total assets | ₹138.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500368's short term assets (₹84.5B) exceed its short term liabilities (₹34.6B).
Long Term Liabilities: 500368's short term assets (₹84.5B) exceed its long term liabilities (₹1.9B).
Debt to Equity History and Analysis
Debt Level: 500368 has more cash than its total debt.
Reducing Debt: 500368 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 500368's debt is well covered by operating cash flow (77%).
Interest Coverage: 500368 earns more interest than it pays, so coverage of interest payments is not a concern.