Prima Industries Balance Sheet Health
Financial Health criteria checks 3/6
Prima Industries has a total shareholder equity of ₹192.5M and total debt of ₹31.8M, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are ₹252.2M and ₹59.7M respectively.
Key information
16.5%
Debt to equity ratio
₹31.76m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹590.00k |
| Equity | ₹192.50m |
| Total liabilities | ₹59.65m |
| Total assets | ₹252.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531246's short term assets (₹84.2M) exceed its short term liabilities (₹16.8M).
Long Term Liabilities: 531246's short term assets (₹84.2M) exceed its long term liabilities (₹42.9M).
Debt to Equity History and Analysis
Debt Level: 531246's net debt to equity ratio (16.2%) is considered satisfactory.
Reducing Debt: 531246's debt to equity ratio has increased from 0.5% to 16.5% over the past 5 years.
Debt Coverage: 531246's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 531246's interest payments on its debt are well covered by EBIT.