Pratiksha Chemicals Balance Sheet Health
Financial Health criteria checks 2/6
Pratiksha Chemicals has a total shareholder equity of ₹36.2M and total debt of ₹34.5M, which brings its debt-to-equity ratio to 95.3%. Its total assets and total liabilities are ₹121.1M and ₹84.9M respectively. Pratiksha Chemicals's EBIT is ₹3.7M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹385.0K.
Key information
95.3%
Debt to equity ratio
₹34.51m
Debt
Interest coverage ratio | 1.4x |
Cash | ₹385.00k |
Equity | ₹36.23m |
Total liabilities | ₹84.86m |
Total assets | ₹121.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531257's short term assets (₹93.7M) exceed its short term liabilities (₹50.4M).
Long Term Liabilities: 531257's short term assets (₹93.7M) exceed its long term liabilities (₹34.5M).
Debt to Equity History and Analysis
Debt Level: 531257's net debt to equity ratio (94.2%) is considered high.
Reducing Debt: 531257's debt to equity ratio has increased from 58.2% to 95.3% over the past 5 years.
Debt Coverage: 531257's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531257's interest payments on its debt are not well covered by EBIT (1.4x coverage).