Patanjali Foods Balance Sheet Health
Financial Health criteria checks 6/6
Patanjali Foods has a total shareholder equity of ₹102.0B and total debt of ₹12.6B, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are ₹138.5B and ₹36.5B respectively. Patanjali Foods's EBIT is ₹10.4B making its interest coverage ratio -6.4. It has cash and short-term investments of ₹20.6B.
Key information
12.4%
Debt to equity ratio
₹12.63b
Debt
| Interest coverage ratio | -6.4x |
| Cash | ₹20.55b |
| Equity | ₹102.04b |
| Total liabilities | ₹36.48b |
| Total assets | ₹138.52b |
Recent financial health updates
Does Patanjali Foods (NSE:PATANJALI) Have A Healthy Balance Sheet?
Mar 05
Does Patanjali Foods (NSE:PATANJALI) Have A Healthy Balance Sheet?
Dec 06We Think Patanjali Foods (NSE:PATANJALI) Is Taking Some Risk With Its Debt
Sep 06Does Patanjali Foods (NSE:PATANJALI) Have A Healthy Balance Sheet?
Jun 06These 4 Measures Indicate That Patanjali Foods (NSE:PATANJALI) Is Using Debt Reasonably Well
Dec 08Patanjali Foods (NSE:PATANJALI) Seems To Use Debt Quite Sensibly
Aug 29Recent updates
Slowing Rates Of Return At Patanjali Foods (NSE:PATANJALI) Leave Little Room For Excitement
Apr 21Does Patanjali Foods (NSE:PATANJALI) Have A Healthy Balance Sheet?
Mar 05Patanjali Foods Limited's (NSE:PATANJALI) Price In Tune With Earnings
Feb 07The Return Trends At Patanjali Foods (NSE:PATANJALI) Look Promising
Jan 17Does Patanjali Foods (NSE:PATANJALI) Have A Healthy Balance Sheet?
Dec 06Estimating The Intrinsic Value Of Patanjali Foods Limited (NSE:PATANJALI)
Nov 12Patanjali Foods (NSE:PATANJALI) Shareholders Will Want The ROCE Trajectory To Continue
Oct 16Patanjali Foods (NSE:PATANJALI) Is Increasing Its Dividend To ₹6.00
Sep 10We Think Patanjali Foods (NSE:PATANJALI) Is Taking Some Risk With Its Debt
Sep 06Patanjali Foods (NSE:PATANJALI) Is Doing The Right Things To Multiply Its Share Price
Jun 27Does Patanjali Foods (NSE:PATANJALI) Have A Healthy Balance Sheet?
Jun 06Patanjali Foods (NSE:PATANJALI) Is Looking To Continue Growing Its Returns On Capital
Mar 04These 4 Measures Indicate That Patanjali Foods (NSE:PATANJALI) Is Using Debt Reasonably Well
Dec 08The Return Trends At Patanjali Foods (NSE:PATANJALI) Look Promising
Nov 17Patanjali Foods (NSE:PATANJALI) Seems To Use Debt Quite Sensibly
Aug 29Patanjali Foods (NSE:PATANJALI) Shareholders Will Want The ROCE Trajectory To Continue
Jul 28We Think You Should Be Aware Of Some Concerning Factors In Ruchi Soya Industries' (NSE:RUCHI) Earnings
Jun 04Is Ruchi Soya Industries (NSE:RUCHI) Using Too Much Debt?
May 31Returns Are Gaining Momentum At Ruchi Soya Industries (NSE:RUCHI)
Mar 26Earnings Not Telling The Story For Ruchi Soya Industries Limited (NSE:RUCHI)
Mar 01Ruchi Soya Industries' (NSE:RUCHI) Returns On Capital Are Heading Higher
Dec 18Financial Position Analysis
Short Term Liabilities: PATANJALI's short term assets (₹84.5B) exceed its short term liabilities (₹34.6B).
Long Term Liabilities: PATANJALI's short term assets (₹84.5B) exceed its long term liabilities (₹1.9B).
Debt to Equity History and Analysis
Debt Level: PATANJALI has more cash than its total debt.
Reducing Debt: PATANJALI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: PATANJALI's debt is well covered by operating cash flow (77%).
Interest Coverage: PATANJALI earns more interest than it pays, so coverage of interest payments is not a concern.