Shree Pacetronix Balance Sheet Health
Financial Health criteria checks 6/6
Shree Pacetronix has a total shareholder equity of ₹112.0M and total debt of ₹35.3M, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are ₹204.2M and ₹92.2M respectively. Shree Pacetronix's EBIT is ₹56.0M making its interest coverage ratio 24. It has cash and short-term investments of ₹9.7M.
Key information
31.5%
Debt to equity ratio
₹35.30m
Debt
Interest coverage ratio | 24x |
Cash | ₹9.73m |
Equity | ₹112.04m |
Total liabilities | ₹92.15m |
Total assets | ₹204.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 527005's short term assets (₹141.8M) exceed its short term liabilities (₹85.3M).
Long Term Liabilities: 527005's short term assets (₹141.8M) exceed its long term liabilities (₹6.8M).
Debt to Equity History and Analysis
Debt Level: 527005's net debt to equity ratio (22.8%) is considered satisfactory.
Reducing Debt: 527005's debt to equity ratio has reduced from 69.1% to 31.5% over the past 5 years.
Debt Coverage: 527005's debt is well covered by operating cash flow (28%).
Interest Coverage: 527005's interest payments on its debt are well covered by EBIT (24x coverage).