Piccadily Sugar & Allied Industries Balance Sheet Health
Financial Health criteria checks 1/6
Piccadily Sugar & Allied Industries has a total shareholder equity of ₹104.0M and total debt of ₹192.4M, which brings its debt-to-equity ratio to 185%. Its total assets and total liabilities are ₹848.6M and ₹744.6M respectively.
Key information
185.0%
Debt to equity ratio
₹192.38m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹5.22m |
| Equity | ₹103.97m |
| Total liabilities | ₹744.61m |
| Total assets | ₹848.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507498's short term assets (₹217.5M) do not cover its short term liabilities (₹532.8M).
Long Term Liabilities: 507498's short term assets (₹217.5M) exceed its long term liabilities (₹211.8M).
Debt to Equity History and Analysis
Debt Level: 507498's net debt to equity ratio (180%) is considered high.
Reducing Debt: 507498's debt to equity ratio has increased from 28% to 185% 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.