Prataap Snacks Balance Sheet Health
Financial Health criteria checks 5/6
Prataap Snacks has a total shareholder equity of ₹7.4B and total debt of ₹200.0M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are ₹10.3B and ₹2.8B respectively. Prataap Snacks's EBIT is ₹484.6M making its interest coverage ratio -38.4. It has cash and short-term investments of ₹375.2M.
Key information
2.7%
Debt to equity ratio
₹200.00m
Debt
| Interest coverage ratio | -38.4x |
| Cash | ₹375.23m |
| Equity | ₹7.44b |
| Total liabilities | ₹2.84b |
| Total assets | ₹10.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540724's short term assets (₹3.4B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: 540724's short term assets (₹3.4B) exceed its long term liabilities (₹896.7M).
Debt to Equity History and Analysis
Debt Level: 540724 has more cash than its total debt.
Reducing Debt: 540724's debt to equity ratio has increased from 0.02% to 2.7% over the past 5 years.
Debt Coverage: 540724's debt is well covered by operating cash flow (505.1%).
Interest Coverage: 540724 earns more interest than it pays, so coverage of interest payments is not a concern.