Prima Agro Balance Sheet Health
Financial Health criteria checks 6/6
Prima Agro has a total shareholder equity of ₹163.7M and total debt of ₹63.9M, which brings its debt-to-equity ratio to 39%. Its total assets and total liabilities are ₹258.9M and ₹95.2M respectively. Prima Agro's EBIT is ₹8.8M making its interest coverage ratio 54.6. It has cash and short-term investments of ₹133.3M.
Key information
39.0%
Debt to equity ratio
₹63.88m
Debt
Interest coverage ratio | 54.6x |
Cash | ₹133.33m |
Equity | ₹163.65m |
Total liabilities | ₹95.23m |
Total assets | ₹258.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519262's short term assets (₹145.5M) exceed its short term liabilities (₹15.5M).
Long Term Liabilities: 519262's short term assets (₹145.5M) exceed its long term liabilities (₹79.8M).
Debt to Equity History and Analysis
Debt Level: 519262 has more cash than its total debt.
Reducing Debt: 519262's debt to equity ratio has reduced from 112.7% to 39% over the past 5 years.
Debt Coverage: 519262's debt is well covered by operating cash flow (48.2%).
Interest Coverage: 519262's interest payments on its debt are well covered by EBIT (54.6x coverage).