Prolife Industries Balance Sheet Health
Financial Health criteria checks 6/6
Prolife Industries has a total shareholder equity of ₹373.2M and total debt of ₹26.9M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are ₹534.1M and ₹160.9M respectively. Prolife Industries's EBIT is ₹98.9M making its interest coverage ratio 64.4. It has cash and short-term investments of ₹2.1M.
Key information
7.2%
Debt to equity ratio
₹26.92m
Debt
Interest coverage ratio | 64.4x |
Cash | ₹2.13m |
Equity | ₹373.21m |
Total liabilities | ₹160.93m |
Total assets | ₹534.14m |
Recent financial health updates
No updates
Recent updates
Here's Why Prolife Industries (NSE:PROLIFE) Has Caught The Eye Of Investors
Mar 15Prolife Industries Limited (NSE:PROLIFE) Surges 32% Yet Its Low P/E Is No Reason For Excitement
Jan 20Prolife Industries' (NSE:PROLIFE) Earnings Offer More Than Meets The Eye
Nov 11With EPS Growth And More, Prolife Industries (NSE:PROLIFE) Is Interesting
May 24Here's Why I Think Prolife Industries (NSE:PROLIFE) Is An Interesting Stock
Dec 07Prolife Industries Limited's (NSE:PROLIFE) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
May 10Prolife Industries Limited's (NSE:PROLIFE) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Mar 15Is It Worth Buying Prolife Industries Limited (NSE:PROLIFE) For Its 0.5% Dividend Yield?
Feb 07Should You Be Adding Prolife Industries (NSE:PROLIFE) To Your Watchlist Today?
Jan 03Prolife Industries Limited's (NSE:PROLIFE) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Nov 29Financial Position Analysis
Short Term Liabilities: PROLIFE's short term assets (₹173.0M) exceed its short term liabilities (₹117.8M).
Long Term Liabilities: PROLIFE's short term assets (₹173.0M) exceed its long term liabilities (₹43.1M).
Debt to Equity History and Analysis
Debt Level: PROLIFE's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: PROLIFE's debt to equity ratio has reduced from 53.9% to 7.2% over the past 5 years.
Debt Coverage: PROLIFE's debt is well covered by operating cash flow (604.5%).
Interest Coverage: PROLIFE's interest payments on its debt are well covered by EBIT (64.4x coverage).