Polycon International Balance Sheet Health
Financial Health criteria checks 2/6
Polycon International has a total shareholder equity of ₹33.5M and total debt of ₹324.8M, which brings its debt-to-equity ratio to 970.9%. Its total assets and total liabilities are ₹404.4M and ₹371.0M respectively. Polycon International's EBIT is ₹14.8M making its interest coverage ratio 0.8. It has cash and short-term investments of ₹2.3M.
Key information
970.9%
Debt to equity ratio
₹324.77m
Debt
Interest coverage ratio | 0.8x |
Cash | ₹2.28m |
Equity | ₹33.45m |
Total liabilities | ₹370.98m |
Total assets | ₹404.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531397's short term assets (₹280.3M) exceed its short term liabilities (₹146.4M).
Long Term Liabilities: 531397's short term assets (₹280.3M) exceed its long term liabilities (₹224.6M).
Debt to Equity History and Analysis
Debt Level: 531397's net debt to equity ratio (964.1%) is considered high.
Reducing Debt: 531397's debt to equity ratio has increased from 290.2% to 970.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 531397 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 531397 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 44.3% each year