Shree Pacetronix Balance Sheet Health
Financial Health criteria checks 5/6
Shree Pacetronix has a total shareholder equity of ₹130.3M and total debt of ₹43.8M, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are ₹217.5M and ₹87.1M respectively. Shree Pacetronix's EBIT is ₹48.5M making its interest coverage ratio 13.3. It has cash and short-term investments of ₹8.4M.
Key information
33.6%
Debt to equity ratio
₹43.85m
Debt
Interest coverage ratio | 13.3x |
Cash | ₹8.43m |
Equity | ₹130.32m |
Total liabilities | ₹87.14m |
Total assets | ₹217.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 527005's short term assets (₹150.7M) exceed its short term liabilities (₹81.3M).
Long Term Liabilities: 527005's short term assets (₹150.7M) exceed its long term liabilities (₹5.8M).
Debt to Equity History and Analysis
Debt Level: 527005's net debt to equity ratio (27.2%) is considered satisfactory.
Reducing Debt: 527005's debt to equity ratio has reduced from 73.1% to 33.6% 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 (13.3x coverage).