Prakash Steelage Limited

BSE:533239 Stock Report

Market Cap: ₹1.5b

Prakash Steelage Balance Sheet Health

Financial Health criteria checks 6/6

Prakash Steelage has a total shareholder equity of ₹77.2M and total debt of ₹3.1M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are ₹403.6M and ₹326.4M respectively. Prakash Steelage's EBIT is ₹9.1M making its interest coverage ratio 5.8. It has cash and short-term investments of ₹8.0M.

Key information

4.0%

Debt to equity ratio

₹3.07m

Debt

Interest coverage ratio5.8x
Cash₹7.98m
Equity₹77.17m
Total liabilities₹326.44m
Total assets₹403.61m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 533239's short term assets (₹330.9M) exceed its short term liabilities (₹319.6M).

Long Term Liabilities: 533239's short term assets (₹330.9M) exceed its long term liabilities (₹6.9M).


Debt to Equity History and Analysis

Debt Level: 533239 has more cash than its total debt.

Reducing Debt: 533239 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: 533239's debt is well covered by operating cash flow (9515.5%).

Interest Coverage: 533239's interest payments on its debt are well covered by EBIT (5.8x coverage).


Balance Sheet


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