Piccadily Sugar & Allied Industries Balance Sheet Health
Financial Health criteria checks 3/6
Piccadily Sugar & Allied Industries has a total shareholder equity of ₹127.4M and total debt of ₹42.1M, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are ₹542.3M and ₹414.9M respectively.
Key information
33.0%
Debt to equity ratio
₹42.10m
Debt
Interest coverage ratio | n/a |
Cash | ₹4.04m |
Equity | ₹127.45m |
Total liabilities | ₹414.88m |
Total assets | ₹542.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507498's short term assets (₹116.8M) do not cover its short term liabilities (₹374.9M).
Long Term Liabilities: 507498's short term assets (₹116.8M) exceed its long term liabilities (₹40.0M).
Debt to Equity History and Analysis
Debt Level: 507498's net debt to equity ratio (29.9%) is considered satisfactory.
Reducing Debt: 507498's debt to equity ratio has reduced from 38.3% to 33% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 507498 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 507498 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.