Praveg Balance Sheet Health
Financial Health criteria checks 6/6
Praveg has a total shareholder equity of ₹1.7B and total debt of ₹15.8M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ₹1.8B and ₹171.6M respectively. Praveg's EBIT is ₹187.6M making its interest coverage ratio 47.1. It has cash and short-term investments of ₹246.2M.
Key information
1.0%
Debt to equity ratio
₹15.80m
Debt
Interest coverage ratio | 47.1x |
Cash | ₹246.18m |
Equity | ₹1.66b |
Total liabilities | ₹171.65m |
Total assets | ₹1.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531637's short term assets (₹695.1M) exceed its short term liabilities (₹167.4M).
Long Term Liabilities: 531637's short term assets (₹695.1M) exceed its long term liabilities (₹4.3M).
Debt to Equity History and Analysis
Debt Level: 531637 has more cash than its total debt.
Reducing Debt: 531637's debt to equity ratio has reduced from 33.4% to 1% over the past 5 years.
Debt Coverage: 531637's debt is well covered by operating cash flow (1727.1%).
Interest Coverage: 531637's interest payments on its debt are well covered by EBIT (47.1x coverage).