Polo Queen Industrial and Fintech Balance Sheet Health
Financial Health criteria checks 4/6
Polo Queen Industrial and Fintech has a total shareholder equity of ₹1.9B and total debt of ₹146.4M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are ₹2.1B and ₹231.4M respectively. Polo Queen Industrial and Fintech's EBIT is ₹32.8M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹6.9M.
Key information
7.8%
Debt to equity ratio
₹146.42m
Debt
| Interest coverage ratio | 1.9x |
| Cash | ₹6.86m |
| Equity | ₹1.88b |
| Total liabilities | ₹231.41m |
| Total assets | ₹2.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540717's short term assets (₹130.4M) do not cover its short term liabilities (₹155.3M).
Long Term Liabilities: 540717's short term assets (₹130.4M) exceed its long term liabilities (₹76.1M).
Debt to Equity History and Analysis
Debt Level: 540717's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: 540717's debt to equity ratio has reduced from 8.7% to 7.8% over the past 5 years.
Debt Coverage: 540717's debt is well covered by operating cash flow (30%).
Interest Coverage: 540717's interest payments on its debt are not well covered by EBIT (1.9x coverage).