Polymac Thermoformers Balance Sheet Health
Financial Health criteria checks 4/6
Polymac Thermoformers has a total shareholder equity of ₹100.9M and total debt of ₹19.0M, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are ₹182.6M and ₹81.7M respectively.
Key information
18.9%
Debt to equity ratio
₹19.05m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹2.70m |
| Equity | ₹100.90m |
| Total liabilities | ₹81.74m |
| Total assets | ₹182.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 537573's short term assets (₹150.1M) exceed its short term liabilities (₹63.2M).
Long Term Liabilities: 537573's short term assets (₹150.1M) exceed its long term liabilities (₹18.6M).
Debt to Equity History and Analysis
Debt Level: 537573's net debt to equity ratio (16.2%) is considered satisfactory.
Reducing Debt: 537573's debt to equity ratio has increased from 12.2% to 18.9% over the past 5 years.
Debt Coverage: 537573's debt is well covered by operating cash flow (276.3%).
Interest Coverage: Insufficient data to determine if 537573's interest payments on its debt are well covered by EBIT.