This company is no longer active
Pressman Advertising Balance Sheet Health
Financial Health criteria checks 6/6
Pressman Advertising has a total shareholder equity of ₹470.3M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹498.5M and ₹28.3M respectively. Pressman Advertising's EBIT is ₹40.3M making its interest coverage ratio -2.9. It has cash and short-term investments of ₹240.1M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | -2.9x |
Cash | ₹240.05m |
Equity | ₹470.25m |
Total liabilities | ₹28.27m |
Total assets | ₹498.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509077's short term assets (₹300.7M) exceed its short term liabilities (₹26.2M).
Long Term Liabilities: 509077's short term assets (₹300.7M) exceed its long term liabilities (₹2.1M).
Debt to Equity History and Analysis
Debt Level: 509077 is debt free.
Reducing Debt: 509077 has not had any debt for past 5 years.
Debt Coverage: 509077 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 509077 has no debt, therefore coverage of interest payments is not a concern.