Polyspin Exports Balance Sheet Health
Financial Health criteria checks 3/6
Polyspin Exports has a total shareholder equity of ₹585.4M and total debt of ₹747.4M, which brings its debt-to-equity ratio to 127.7%. Its total assets and total liabilities are ₹1.6B and ₹1.0B respectively.
Key information
127.7%
Debt to equity ratio
₹747.35m
Debt
Interest coverage ratio | n/a |
Cash | ₹86.23m |
Equity | ₹585.37m |
Total liabilities | ₹1.01b |
Total assets | ₹1.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539354's short term assets (₹969.3M) exceed its short term liabilities (₹773.6M).
Long Term Liabilities: 539354's short term assets (₹969.3M) exceed its long term liabilities (₹234.3M).
Debt to Equity History and Analysis
Debt Level: 539354's net debt to equity ratio (112.9%) is considered high.
Reducing Debt: 539354's debt to equity ratio has reduced from 181.7% to 127.7% over the past 5 years.
Debt Coverage: 539354's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: Insufficient data to determine if 539354's interest payments on its debt are well covered by EBIT.