Pankaj Polymers Balance Sheet Health
Financial Health criteria checks 3/6
Pankaj Polymers has a total shareholder equity of ₹111.1M and total debt of ₹27.4M, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are ₹139.7M and ₹28.6M respectively.
Key information
24.7%
Debt to equity ratio
₹27.42m
Debt
Interest coverage ratio | n/a |
Cash | ₹672.00k |
Equity | ₹111.11m |
Total liabilities | ₹28.58m |
Total assets | ₹139.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531280's short term assets (₹100.0M) exceed its short term liabilities (₹9.3M).
Long Term Liabilities: 531280's short term assets (₹100.0M) exceed its long term liabilities (₹19.2M).
Debt to Equity History and Analysis
Debt Level: 531280's net debt to equity ratio (24.1%) is considered satisfactory.
Reducing Debt: 531280's debt to equity ratio has increased from 2.3% to 24.7% over the past 5 years.
Debt Coverage: 531280's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 531280's interest payments on its debt are well covered by EBIT.