Polylink Polymers (India) Balance Sheet Health
Financial Health criteria checks 5/6
Polylink Polymers (India) has a total shareholder equity of ₹265.8M and total debt of ₹12.8M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are ₹320.2M and ₹54.4M respectively. Polylink Polymers (India)'s EBIT is ₹17.6M making its interest coverage ratio 14.1. It has cash and short-term investments of ₹103.0K.
Key information
4.8%
Debt to equity ratio
₹12.82m
Debt
| Interest coverage ratio | 14.1x |
| Cash | ₹103.00k |
| Equity | ₹265.77m |
| Total liabilities | ₹54.42m |
| Total assets | ₹320.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531454's short term assets (₹159.9M) exceed its short term liabilities (₹44.5M).
Long Term Liabilities: 531454's short term assets (₹159.9M) exceed its long term liabilities (₹9.9M).
Debt to Equity History and Analysis
Debt Level: 531454's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: 531454's debt to equity ratio has reduced from 17.2% to 4.8% over the past 5 years.
Debt Coverage: 531454's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531454's interest payments on its debt are well covered by EBIT (14.1x coverage).