Ponni Sugars (Erode) Balance Sheet Health
Financial Health criteria checks 6/6
Ponni Sugars (Erode) has a total shareholder equity of ₹5.9B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹6.5B and ₹597.3M respectively. Ponni Sugars (Erode)'s EBIT is ₹258.7M making its interest coverage ratio -2. It has cash and short-term investments of ₹170.9M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -2x |
| Cash | ₹170.90m |
| Equity | ₹5.94b |
| Total liabilities | ₹597.30m |
| Total assets | ₹6.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532460's short term assets (₹1.7B) exceed its short term liabilities (₹319.6M).
Long Term Liabilities: 532460's short term assets (₹1.7B) exceed its long term liabilities (₹277.7M).
Debt to Equity History and Analysis
Debt Level: 532460 is debt free.
Reducing Debt: 532460 has no debt compared to 5 years ago when its debt to equity ratio was 5.8%.
Debt Coverage: 532460 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 532460 has no debt, therefore coverage of interest payments is not a concern.