Ponni Sugars (Erode) Balance Sheet Health
Financial Health criteria checks 6/6
Ponni Sugars (Erode) has a total shareholder equity of ₹5.5B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹6.0B and ₹528.2M respectively. Ponni Sugars (Erode)'s EBIT is ₹276.7M making its interest coverage ratio -2.1. It has cash and short-term investments of ₹405.8M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -2.1x |
| Cash | ₹405.80m |
| Equity | ₹5.52b |
| Total liabilities | ₹528.20m |
| Total assets | ₹6.05b |
Recent financial health updates
Recent updates
Ponni Sugars (Erode) Limited's (NSE:PONNIERODE) Shares Bounce 31% But Its Business Still Trails The Market
Jul 05
Return Trends At Ponni Sugars (Erode) (NSE:PONNIERODE) Aren't Appealing
Apr 05Ponni Sugars (Erode) (NSE:PONNIERODE) Is Reinvesting At Lower Rates Of Return
Dec 29There Are Reasons To Feel Uneasy About Ponni Sugars (Erode)'s (NSE:PONNIERODE) Returns On Capital
Sep 29Ponni Sugars (Erode) (NSE:PONNIERODE) Is Increasing Its Dividend To ₹5.50
May 10Returns On Capital Signal Tricky Times Ahead For Ponni Sugars (Erode) (NSE:PONNIERODE)
Jan 05Ponni Sugars (Erode) (NSE:PONNIERODE) May Have Issues Allocating Its Capital
Oct 05Shareholders May Be More Conservative With Ponni Sugars (Erode) Limited's (NSE:PONNIERODE) CEO Compensation For Now
Jul 14Returns On Capital Are Showing Encouraging Signs At Ponni Sugars (Erode) (NSE:PONNIERODE)
May 10Is Ponni Sugars (Erode) Limited (NSE:PONNIERODE) A Smart Pick For Income Investors?
Mar 29How Should Investors Feel About Ponni Sugars (Erode)'s (NSE:PONNIERODE) CEO Remuneration?
Feb 21Will The ROCE Trend At Ponni Sugars (Erode) (NSE:PONNIERODE) Continue?
Jan 14
What Makes Ponni Sugars (Erode) Limited (NSE:PONNIERODE) A Great Dividend Stock?
Dec 18How Should Investors Feel About Ponni Sugars (Erode)'s (NSE:PONNIERODE) CEO Remuneration?
Nov 22Estimating The Intrinsic Value Of Ponni Sugars (Erode) Limited (NSE:PONNIERODE)
Oct 26What Do The Returns At Ponni Sugars (Erode) (NSE:PONNIERODE) Mean Going Forward?
Oct 06Why Ponni Sugars (Erode) Limited (NSE:PONNIERODE) Is A Dividend Rockstar
Sep 15Many Still Looking Away From Ponni Sugars (Erode) Limited (NSE:PONNIERODE)
Aug 25Should You Buy Ponni Sugars (Erode) Limited (NSE:PONNIERODE) For Its Upcoming Dividend?
Aug 06Is Ponni Sugars (Erode) (NSE:PONNIERODE) A Risky Investment?
Jul 22Financial Position Analysis
Short Term Liabilities: PONNIERODE's short term assets (₹1.7B) exceed its short term liabilities (₹352.9M).
Long Term Liabilities: PONNIERODE's short term assets (₹1.7B) exceed its long term liabilities (₹175.3M).
Debt to Equity History and Analysis
Debt Level: PONNIERODE is debt free.
Reducing Debt: PONNIERODE has no debt compared to 5 years ago when its debt to equity ratio was 11.9%.
Debt Coverage: PONNIERODE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PONNIERODE has no debt, therefore coverage of interest payments is not a concern.