Poly Medicure Balance Sheet Health
Financial Health criteria checks 6/6
Poly Medicure has a total shareholder equity of ₹13.4B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are ₹17.0B and ₹3.6B respectively. Poly Medicure's EBIT is ₹2.8B making its interest coverage ratio -38.1. It has cash and short-term investments of ₹2.8B.
Key information
10.1%
Debt to equity ratio
₹1.35b
Debt
Interest coverage ratio | -38.1x |
Cash | ₹2.80b |
Equity | ₹13.38b |
Total liabilities | ₹3.59b |
Total assets | ₹16.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531768's short term assets (₹8.1B) exceed its short term liabilities (₹3.2B).
Long Term Liabilities: 531768's short term assets (₹8.1B) exceed its long term liabilities (₹381.9M).
Debt to Equity History and Analysis
Debt Level: 531768 has more cash than its total debt.
Reducing Debt: 531768's debt to equity ratio has reduced from 41.5% to 10.1% over the past 5 years.
Debt Coverage: 531768's debt is well covered by operating cash flow (176.9%).
Interest Coverage: 531768 earns more interest than it pays, so coverage of interest payments is not a concern.