Prima Industries Balance Sheet Health
Financial Health criteria checks 5/6
Prima Industries has a total shareholder equity of ₹233.5M and total debt of ₹18.4M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are ₹266.7M and ₹33.1M respectively. Prima Industries's EBIT is ₹5.0M making its interest coverage ratio 42.8. It has cash and short-term investments of ₹4.9M.
Key information
7.9%
Debt to equity ratio
₹18.39m
Debt
Interest coverage ratio | 42.8x |
Cash | ₹4.85m |
Equity | ₹233.53m |
Total liabilities | ₹33.14m |
Total assets | ₹266.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531246's short term assets (₹76.1M) exceed its short term liabilities (₹14.0M).
Long Term Liabilities: 531246's short term assets (₹76.1M) exceed its long term liabilities (₹19.1M).
Debt to Equity History and Analysis
Debt Level: 531246's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: 531246's debt to equity ratio has increased from 2.2% to 7.9% over the past 5 years.
Debt Coverage: 531246's debt is well covered by operating cash flow (53.9%).
Interest Coverage: 531246's interest payments on its debt are well covered by EBIT (42.8x coverage).