Polylink Polymers (India) Balance Sheet Health
Financial Health criteria checks 5/6
Polylink Polymers (India) has a total shareholder equity of ₹291.0M and total debt of ₹27.7M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are ₹391.1M and ₹100.1M respectively. Polylink Polymers (India)'s EBIT is ₹36.1M making its interest coverage ratio 11. It has cash and short-term investments of ₹338.0K.
Key information
9.5%
Debt to equity ratio
₹27.66m
Debt
| Interest coverage ratio | 11x |
| Cash | ₹338.00k |
| Equity | ₹291.00m |
| Total liabilities | ₹100.06m |
| Total assets | ₹391.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531454's short term assets (₹228.7M) exceed its short term liabilities (₹83.9M).
Long Term Liabilities: 531454's short term assets (₹228.7M) exceed its long term liabilities (₹16.1M).
Debt to Equity History and Analysis
Debt Level: 531454's net debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: 531454's debt to equity ratio has reduced from 17.1% to 9.5% 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 (11x coverage).