Purity Flexpack Balance Sheet Health

Financial Health criteria checks 3/6

Purity Flexpack has a total shareholder equity of ₹335.3M and total debt of ₹175.2M, which brings its debt-to-equity ratio to 52.3%. Its total assets and total liabilities are ₹755.1M and ₹419.8M respectively. Purity Flexpack's EBIT is ₹33.1M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹1.8M.

Key information

52.3%

Debt to equity ratio

₹175.21m

Debt

Interest coverage ratio	1.8x
Cash	₹1.84m
Equity	₹335.32m
Total liabilities	₹419.77m
Total assets	₹755.08m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 523315's short term assets (₹312.1M) do not cover its short term liabilities (₹312.6M).

Long Term Liabilities: 523315's short term assets (₹312.1M) exceed its long term liabilities (₹107.2M).

Debt to Equity History and Analysis

Debt Level: 523315's net debt to equity ratio (51.7%) is considered high.

Reducing Debt: 523315's debt to equity ratio has reduced from 69.9% to 52.3% over the past 5 years.

Debt Coverage: 523315's debt is well covered by operating cash flow (46.7%).

Interest Coverage: 523315's interest payments on its debt are not well covered by EBIT (1.8x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/09/17 01:33
End of Day Share Price	2024/06/20 00:00
Earnings	2024/06/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Purity Flexpack Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution