Poddar Pigments Balance Sheet Health
Financial Health criteria checks 5/6
Poddar Pigments has a total shareholder equity of ₹3.3B and total debt of ₹10.5M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ₹3.8B and ₹492.8M respectively. Poddar Pigments's EBIT is ₹309.0M making its interest coverage ratio -41.1. It has cash and short-term investments of ₹473.3M.
Key information
0.3%
Debt to equity ratio
₹10.46m
Debt
Interest coverage ratio | -41.1x |
Cash | ₹473.30m |
Equity | ₹3.30b |
Total liabilities | ₹492.84m |
Total assets | ₹3.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524570's short term assets (₹1.9B) exceed its short term liabilities (₹393.2M).
Long Term Liabilities: 524570's short term assets (₹1.9B) exceed its long term liabilities (₹99.6M).
Debt to Equity History and Analysis
Debt Level: 524570 has more cash than its total debt.
Reducing Debt: 524570's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.
Debt Coverage: 524570's debt is well covered by operating cash flow (490.8%).
Interest Coverage: 524570 earns more interest than it pays, so coverage of interest payments is not a concern.