Pratik Panels Balance Sheet Health
Financial Health criteria checks 5/6
Pratik Panels has a total shareholder equity of ₹53.7M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹54.0M and ₹385.0K respectively. Pratik Panels's EBIT is ₹5.0M making its interest coverage ratio 47.4. It has cash and short-term investments of ₹224.0K.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 47.4x |
| Cash | ₹224.00k |
| Equity | ₹53.65m |
| Total liabilities | ₹385.00k |
| Total assets | ₹54.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526490's short term assets (₹54.0M) exceed its short term liabilities (₹386.0K).
Long Term Liabilities: 526490's short term assets (₹54.0M) do not cover its long term liabilities (₹-1,000.0).
Debt to Equity History and Analysis
Debt Level: 526490 is debt free.
Reducing Debt: 526490 has no debt compared to 5 years ago when its debt to equity ratio was 60.9%.
Debt Coverage: 526490 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 526490 has no debt, therefore coverage of interest payments is not a concern.