Patanjali Foods Balance Sheet Health
Financial Health criteria checks 6/6
Patanjali Foods has a total shareholder equity of ₹102.1B and total debt of ₹10.5B, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are ₹132.6B and ₹30.6B respectively. Patanjali Foods's EBIT is ₹12.6B making its interest coverage ratio 6.8. It has cash and short-term investments of ₹18.5B.
Key information
10.3%
Debt to equity ratio
₹10.49b
Debt
| Interest coverage ratio | 6.8x |
| Cash | ₹18.46b |
| Equity | ₹102.05b |
| Total liabilities | ₹30.57b |
| Total assets | ₹132.62b |
Recent financial health updates
Does Patanjali Foods (NSE:PATANJALI) Have A Healthy Balance Sheet?
Sep 14
Does Patanjali Foods (NSE:PATANJALI) Have A Healthy Balance Sheet?
Mar 05Does 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 08Recent updates
Does Patanjali Foods (NSE:PATANJALI) Have A Healthy Balance Sheet?
Sep 14We Like These Underlying Return On Capital Trends At Patanjali Foods (NSE:PATANJALI)
Aug 18Calculating The Fair Value Of Patanjali Foods Limited (NSE:PATANJALI)
Jun 11Patanjali Foods Limited (NSE:PATANJALI) Not Flying Under The Radar
May 21Slowing 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 (₹77.7B) exceed its short term liabilities (₹30.3B).
Long Term Liabilities: PATANJALI's short term assets (₹77.7B) exceed its long term liabilities (₹287.0M).
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 (166.5%).
Interest Coverage: PATANJALI's interest payments on its debt are well covered by EBIT (6.8x coverage).