Prolife Industries Balance Sheet Health
Financial Health criteria checks 6/6
Prolife Industries has a total shareholder equity of ₹410.0M and total debt of ₹38.1M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are ₹519.2M and ₹109.2M respectively. Prolife Industries's EBIT is ₹106.0M making its interest coverage ratio -23.5. It has cash and short-term investments of ₹215.7M.
Key information
9.3%
Debt to equity ratio
₹38.12m
Debt
Interest coverage ratio | -23.5x |
Cash | ₹215.65m |
Equity | ₹409.99m |
Total liabilities | ₹109.23m |
Total assets | ₹519.22m |
Recent financial health updates
No updates
Recent updates
There's No Escaping Prolife Industries Limited's (NSE:PROLIFE) Muted Earnings Despite A 26% Share Price Rise
Aug 06Here's Why Prolife Industries (NSE:PROLIFE) Has Caught The Eye Of Investors
Aug 02We Think Prolife Industries' (NSE:PROLIFE) Healthy Earnings Might Be Conservative
Jun 06Here'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 (₹326.8M) exceed its short term liabilities (₹66.0M).
Long Term Liabilities: PROLIFE's short term assets (₹326.8M) exceed its long term liabilities (₹43.2M).
Debt to Equity History and Analysis
Debt Level: PROLIFE has more cash than its total debt.
Reducing Debt: PROLIFE's debt to equity ratio has reduced from 59% to 9.3% over the past 5 years.
Debt Coverage: PROLIFE's debt is well covered by operating cash flow (454.7%).
Interest Coverage: PROLIFE earns more interest than it pays, so coverage of interest payments is not a concern.