Prataap Snacks Balance Sheet Health
Financial Health criteria checks 5/6
Prataap Snacks has a total shareholder equity of ₹7.1B and total debt of ₹565.2M, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are ₹9.4B and ₹2.3B respectively. Prataap Snacks's EBIT is ₹622.1M making its interest coverage ratio -30.1. It has cash and short-term investments of ₹408.5M.
Key information
8.0%
Debt to equity ratio
₹565.24m
Debt
Interest coverage ratio | -30.1x |
Cash | ₹408.51m |
Equity | ₹7.05b |
Total liabilities | ₹2.33b |
Total assets | ₹9.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540724's short term assets (₹2.6B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: 540724's short term assets (₹2.6B) exceed its long term liabilities (₹743.3M).
Debt to Equity History and Analysis
Debt Level: 540724's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: 540724's debt to equity ratio has increased from 0% to 8% over the past 5 years.
Debt Coverage: 540724's debt is well covered by operating cash flow (188.4%).
Interest Coverage: 540724 earns more interest than it pays, so coverage of interest payments is not a concern.