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 ₹131.6M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are ₹2.1B and ₹223.6M respectively. Polo Queen Industrial and Fintech's EBIT is ₹36.4M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹4.9M.
Key information
7.0%
Debt to equity ratio
₹131.62m
Debt
Interest coverage ratio | 2.5x |
Cash | ₹4.93m |
Equity | ₹1.88b |
Total liabilities | ₹223.58m |
Total assets | ₹2.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540717's short term assets (₹110.3M) do not cover its short term liabilities (₹160.2M).
Long Term Liabilities: 540717's short term assets (₹110.3M) exceed its long term liabilities (₹63.4M).
Debt to Equity History and Analysis
Debt Level: 540717's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: 540717's debt to equity ratio has reduced from 8.2% to 7% over the past 5 years.
Debt Coverage: 540717's debt is well covered by operating cash flow (47.4%).
Interest Coverage: 540717's interest payments on its debt are not well covered by EBIT (2.5x coverage).