Prime Property Development Balance Sheet Health
Financial Health criteria checks 4/6
Prime Property Development has a total shareholder equity of ₹777.7M and total debt of ₹4.8M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ₹819.7M and ₹42.0M respectively. Prime Property Development's EBIT is ₹100.0M making its interest coverage ratio 111.2. It has cash and short-term investments of ₹8.5M.
Key information
0.6%
Debt to equity ratio
₹4.83m
Debt
| Interest coverage ratio | 111.2x |
| Cash | ₹8.51m |
| Equity | ₹777.73m |
| Total liabilities | ₹41.98m |
| Total assets | ₹819.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530695's short term assets (₹588.3M) exceed its short term liabilities (₹26.0M).
Long Term Liabilities: 530695's short term assets (₹588.3M) exceed its long term liabilities (₹16.0M).
Debt to Equity History and Analysis
Debt Level: 530695 has more cash than its total debt.
Reducing Debt: 530695's debt to equity ratio has increased from 0% to 0.6% over the past 5 years.
Debt Coverage: 530695's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 530695's interest payments on its debt are well covered by EBIT (111.2x coverage).