Prospect Commodities Balance Sheet Health
Financial Health criteria checks 4/6
Prospect Commodities has a total shareholder equity of ₹115.9M and total debt of ₹27.6M, which brings its debt-to-equity ratio to 23.8%. Its total assets and total liabilities are ₹182.4M and ₹66.5M respectively. Prospect Commodities's EBIT is ₹20.6M making its interest coverage ratio 7.2. It has cash and short-term investments of ₹3.6M.
Key information
23.8%
Debt to equity ratio
₹27.57m
Debt
Interest coverage ratio | 7.2x |
Cash | ₹3.59m |
Equity | ₹115.85m |
Total liabilities | ₹66.52m |
Total assets | ₹182.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543814's short term assets (₹128.6M) exceed its short term liabilities (₹53.9M).
Long Term Liabilities: 543814's short term assets (₹128.6M) exceed its long term liabilities (₹12.6M).
Debt to Equity History and Analysis
Debt Level: 543814's net debt to equity ratio (20.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543814's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543814's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543814's interest payments on its debt are well covered by EBIT (7.2x coverage).