Prospect Consumer Products Balance Sheet Health
Financial Health criteria checks 4/6
Prospect Consumer Products has a total shareholder equity of ₹126.1M and total debt of ₹28.2M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are ₹176.6M and ₹50.4M respectively. Prospect Consumer Products's EBIT is ₹26.1M making its interest coverage ratio 8.1. It has cash and short-term investments of ₹7.0M.
Key information
22.4%
Debt to equity ratio
₹28.23m
Debt
| Interest coverage ratio | 8.1x |
| Cash | ₹6.99m |
| Equity | ₹126.13m |
| Total liabilities | ₹50.43m |
| Total assets | ₹176.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543814's short term assets (₹162.6M) exceed its short term liabilities (₹39.4M).
Long Term Liabilities: 543814's short term assets (₹162.6M) exceed its long term liabilities (₹11.0M).
Debt to Equity History and Analysis
Debt Level: 543814's net debt to equity ratio (16.8%) 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 (8.1x coverage).