Prime Fresh Balance Sheet Health
Financial Health criteria checks 5/6
Prime Fresh has a total shareholder equity of ₹335.8M and total debt of ₹58.7M, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are ₹440.7M and ₹104.9M respectively. Prime Fresh's EBIT is ₹78.1M making its interest coverage ratio 46.9. It has cash and short-term investments of ₹6.4M.
Key information
17.5%
Debt to equity ratio
₹58.65m
Debt
Interest coverage ratio | 46.9x |
Cash | ₹6.39m |
Equity | ₹335.82m |
Total liabilities | ₹104.90m |
Total assets | ₹440.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540404's short term assets (₹423.0M) exceed its short term liabilities (₹103.9M).
Long Term Liabilities: 540404's short term assets (₹423.0M) exceed its long term liabilities (₹962.0K).
Debt to Equity History and Analysis
Debt Level: 540404's net debt to equity ratio (15.6%) is considered satisfactory.
Reducing Debt: 540404's debt to equity ratio has reduced from 32.1% to 17.5% over the past 5 years.
Debt Coverage: 540404's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 540404's interest payments on its debt are well covered by EBIT (46.9x coverage).