Poojawestern Metaliks Balance Sheet Health
Financial Health criteria checks 2/6
Poojawestern Metaliks has a total shareholder equity of ₹131.6M and total debt of ₹141.7M, which brings its debt-to-equity ratio to 107.7%. Its total assets and total liabilities are ₹293.9M and ₹162.3M respectively. Poojawestern Metaliks's EBIT is ₹31.3M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹859.0K.
Key information
107.7%
Debt to equity ratio
₹141.69m
Debt
Interest coverage ratio | 2.5x |
Cash | ₹859.00k |
Equity | ₹131.61m |
Total liabilities | ₹162.27m |
Total assets | ₹293.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540727's short term assets (₹198.2M) exceed its short term liabilities (₹125.5M).
Long Term Liabilities: 540727's short term assets (₹198.2M) exceed its long term liabilities (₹36.8M).
Debt to Equity History and Analysis
Debt Level: 540727's net debt to equity ratio (107%) is considered high.
Reducing Debt: 540727's debt to equity ratio has increased from 97.8% to 107.7% over the past 5 years.
Debt Coverage: 540727's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: 540727's interest payments on its debt are not well covered by EBIT (2.5x coverage).