Prakash Steelage Balance Sheet Health
Financial Health criteria checks 6/6
Prakash Steelage has a total shareholder equity of ₹80.7M and total debt of ₹38.2M, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are ₹363.0M and ₹282.3M respectively. Prakash Steelage's EBIT is ₹25.9M making its interest coverage ratio 166.1. It has cash and short-term investments of ₹9.0M.
Key information
47.3%
Debt to equity ratio
₹38.20m
Debt
| Interest coverage ratio | 166.1x |
| Cash | ₹8.98m |
| Equity | ₹80.70m |
| Total liabilities | ₹282.25m |
| Total assets | ₹362.95m |
Recent financial health updates
Recent updates
Market Still Lacking Some Conviction On Prakash Steelage Limited (NSE:PRAKASHSTL)
Jul 31
Investors Give Prakash Steelage Limited (NSE:PRAKASHSTL) Shares A 27% Hiding
Feb 10A Piece Of The Puzzle Missing From Prakash Steelage Limited's (NSE:PRAKASHSTL) 34% Share Price Climb
Dec 20Market Might Still Lack Some Conviction On Prakash Steelage Limited (NSE:PRAKASHSTL) Even After 48% Share Price Boost
Aug 15Financial Position Analysis
Short Term Liabilities: PRAKASHSTL's short term assets (₹292.1M) exceed its short term liabilities (₹275.0M).
Long Term Liabilities: PRAKASHSTL's short term assets (₹292.1M) exceed its long term liabilities (₹7.2M).
Debt to Equity History and Analysis
Debt Level: PRAKASHSTL's net debt to equity ratio (36.2%) is considered satisfactory.
Reducing Debt: PRAKASHSTL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: PRAKASHSTL's debt is well covered by operating cash flow (587.7%).
Interest Coverage: PRAKASHSTL's interest payments on its debt are well covered by EBIT (166.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 09:57 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Prakash Steelage Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anil Burra | FirstCall Research |