Padmanabh Alloy & Polymers Balance Sheet Health
Financial Health criteria checks 2/6
Padmanabh Alloy & Polymers has a total shareholder equity of ₹88.0M and total debt of ₹46.6M, which brings its debt-to-equity ratio to 52.9%. Its total assets and total liabilities are ₹220.0M and ₹132.0M respectively. Padmanabh Alloy & Polymers's EBIT is ₹3.9M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹429.0K.
Key information
52.9%
Debt to equity ratio
₹46.55m
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₹429.00k |
| Equity | ₹87.98m |
| Total liabilities | ₹132.01m |
| Total assets | ₹219.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531779's short term assets (₹196.7M) exceed its short term liabilities (₹126.1M).
Long Term Liabilities: 531779's short term assets (₹196.7M) exceed its long term liabilities (₹5.9M).
Debt to Equity History and Analysis
Debt Level: 531779's net debt to equity ratio (52.4%) is considered high.
Reducing Debt: 531779's debt to equity ratio has increased from 32.7% to 52.9% over the past 5 years.
Debt Coverage: 531779's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531779's interest payments on its debt are not well covered by EBIT (1.1x coverage).