Parvati Sweetners and Power Balance Sheet Health
Financial Health criteria checks 4/6
Parvati Sweetners and Power has a total shareholder equity of ₹1.0B and total debt of ₹359.9M, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are ₹1.4B and ₹423.0M respectively. Parvati Sweetners and Power's EBIT is ₹49.6M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹4.6M.
Key information
35.9%
Debt to equity ratio
₹359.91m
Debt
Interest coverage ratio | 1.5x |
Cash | ₹4.59m |
Equity | ₹1.00b |
Total liabilities | ₹423.04m |
Total assets | ₹1.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541347's short term assets (₹673.4M) exceed its short term liabilities (₹251.5M).
Long Term Liabilities: 541347's short term assets (₹673.4M) exceed its long term liabilities (₹171.5M).
Debt to Equity History and Analysis
Debt Level: 541347's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: 541347's debt to equity ratio has reduced from 120.4% to 35.9% over the past 5 years.
Debt Coverage: 541347's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: 541347's interest payments on its debt are not well covered by EBIT (1.5x coverage).