Polymac Thermoformers Balance Sheet Health
Financial Health criteria checks 3/6
Polymac Thermoformers has a total shareholder equity of ₹103.1M and total debt of ₹74.5M, which brings its debt-to-equity ratio to 72.3%. Its total assets and total liabilities are ₹232.0M and ₹129.0M respectively.
Key information
72.3%
Debt to equity ratio
₹74.54m
Debt
Interest coverage ratio | n/a |
Cash | ₹1.14m |
Equity | ₹103.06m |
Total liabilities | ₹128.96m |
Total assets | ₹232.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 537573's short term assets (₹199.1M) exceed its short term liabilities (₹128.3M).
Long Term Liabilities: 537573's short term assets (₹199.1M) exceed its long term liabilities (₹626.0K).
Debt to Equity History and Analysis
Debt Level: 537573's net debt to equity ratio (71.2%) is considered high.
Reducing Debt: 537573's debt to equity ratio has increased from 8.5% to 72.3% over the past 5 years.
Debt Coverage: 537573's debt is well covered by operating cash flow (360.2%).
Interest Coverage: Insufficient data to determine if 537573's interest payments on its debt are well covered by EBIT.