Patidar Buildcon Balance Sheet Health
Financial Health criteria checks 3/6
Patidar Buildcon has a total shareholder equity of ₹69.9M and total debt of ₹23.6M, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are ₹94.3M and ₹24.4M respectively.
Key information
33.7%
Debt to equity ratio
₹23.60m
Debt
Interest coverage ratio | n/a |
Cash | ₹534.00k |
Equity | ₹69.93m |
Total liabilities | ₹24.39m |
Total assets | ₹94.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524031's short term assets (₹23.2M) do not cover its short term liabilities (₹24.3M).
Long Term Liabilities: 524031's short term assets (₹23.2M) exceed its long term liabilities (₹54.0K).
Debt to Equity History and Analysis
Debt Level: 524031's net debt to equity ratio (33%) is considered satisfactory.
Reducing Debt: 524031's debt to equity ratio has increased from 0% to 33.7% over the past 5 years.
Debt Coverage: 524031's debt is well covered by operating cash flow (87.9%).
Interest Coverage: Insufficient data to determine if 524031's interest payments on its debt are well covered by EBIT.