Shree Pacetronix Balance Sheet Health
Financial Health criteria checks 5/6
Shree Pacetronix has a total shareholder equity of ₹134.4M and total debt of ₹60.6M, which brings its debt-to-equity ratio to 45.1%. Its total assets and total liabilities are ₹248.4M and ₹114.0M respectively. Shree Pacetronix's EBIT is ₹34.6M making its interest coverage ratio 8.5. It has cash and short-term investments of ₹12.2M.
Key information
45.1%
Debt to equity ratio
₹60.64m
Debt
Interest coverage ratio | 8.5x |
Cash | ₹12.22m |
Equity | ₹134.38m |
Total liabilities | ₹114.01m |
Total assets | ₹248.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 527005's short term assets (₹187.6M) exceed its short term liabilities (₹109.2M).
Long Term Liabilities: 527005's short term assets (₹187.6M) exceed its long term liabilities (₹4.9M).
Debt to Equity History and Analysis
Debt Level: 527005's net debt to equity ratio (36%) is considered satisfactory.
Reducing Debt: 527005's debt to equity ratio has reduced from 62.6% to 45.1% over the past 5 years.
Debt Coverage: 527005's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 527005's interest payments on its debt are well covered by EBIT (8.5x coverage).