Padmanabh Alloy & Polymers Balance Sheet Health
Financial Health criteria checks 4/6
Padmanabh Alloy & Polymers has a total shareholder equity of ₹87.5M and total debt of ₹31.8M, which brings its debt-to-equity ratio to 36.4%. Its total assets and total liabilities are ₹184.4M and ₹96.9M respectively. Padmanabh Alloy & Polymers's EBIT is ₹9.1M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹730.0K.
Key information
36.4%
Debt to equity ratio
₹31.82m
Debt
Interest coverage ratio | 2.5x |
Cash | ₹730.00k |
Equity | ₹87.48m |
Total liabilities | ₹96.87m |
Total assets | ₹184.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531779's short term assets (₹160.0M) exceed its short term liabilities (₹94.8M).
Long Term Liabilities: 531779's short term assets (₹160.0M) exceed its long term liabilities (₹2.1M).
Debt to Equity History and Analysis
Debt Level: 531779's net debt to equity ratio (35.5%) is considered satisfactory.
Reducing Debt: 531779's debt to equity ratio has increased from 31.7% to 36.4% over the past 5 years.
Debt Coverage: 531779's debt is well covered by operating cash flow (50.2%).
Interest Coverage: 531779's interest payments on its debt are not well covered by EBIT (2.5x coverage).