Ponni Sugars (Erode) Balance Sheet Health
Financial Health criteria checks 6/6
Ponni Sugars (Erode) has a total shareholder equity of ₹5.5B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹6.0B and ₹528.2M respectively. Ponni Sugars (Erode)'s EBIT is ₹343.5M making its interest coverage ratio 264.2. It has cash and short-term investments of ₹409.0M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 264.2x |
Cash | ₹409.00m |
Equity | ₹5.52b |
Total liabilities | ₹528.20m |
Total assets | ₹6.05b |
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 (₹352.9M).
Long Term Liabilities: 532460's short term assets (₹1.7B) exceed its long term liabilities (₹175.3M).
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 11.9%.
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.