Prajay Engineers Syndicate Balance Sheet Health
Financial Health criteria checks 6/6
Prajay Engineers Syndicate has a total shareholder equity of ₹5.5B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 32.1%. Its total assets and total liabilities are ₹9.5B and ₹4.1B respectively.
Key information
32.1%
Debt to equity ratio
₹1.76b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹188.44m |
| Equity | ₹5.48b |
| Total liabilities | ₹4.07b |
| Total assets | ₹9.55b |
Recent financial health updates
Does Prajay Engineers Syndicate (NSE:PRAENG) Have A Healthy Balance Sheet?
Jun 02
Health Check: How Prudently Does Prajay Engineers Syndicate (NSE:PRAENG) Use Debt?
Dec 09Prajay Engineers Syndicate (NSE:PRAENG) Seems To Be Using A Lot Of Debt
Dec 10Prajay Engineers Syndicate (NSE:PRAENG) Use Of Debt Could Be Considered Risky
Jul 12Does Prajay Engineers Syndicate (NSE:PRAENG) Have A Healthy Balance Sheet?
Mar 29Is Prajay Engineers Syndicate (NSE:PRAENG) Weighed On By Its Debt Load?
Dec 13Recent updates
Estimating The Intrinsic Value Of Prajay Engineers Syndicate Limited (NSE:PRAENG)
Feb 14Does Prajay Engineers Syndicate (NSE:PRAENG) Have A Healthy Balance Sheet?
Jun 02Health Check: How Prudently Does Prajay Engineers Syndicate (NSE:PRAENG) Use Debt?
Dec 09Prajay Engineers Syndicate (NSE:PRAENG) Seems To Be Using A Lot Of Debt
Dec 10Prajay Engineers Syndicate (NSE:PRAENG) Use Of Debt Could Be Considered Risky
Jul 12Does Prajay Engineers Syndicate (NSE:PRAENG) Have A Healthy Balance Sheet?
Mar 29Is Prajay Engineers Syndicate (NSE:PRAENG) Weighed On By Its Debt Load?
Dec 13Prajay Engineers Syndicate (NSE:PRAENG) Has A Somewhat Strained Balance Sheet
Aug 31Financial Position Analysis
Short Term Liabilities: PRAENG's short term assets (₹6.2B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: PRAENG's short term assets (₹6.2B) exceed its long term liabilities (₹1.7B).
Debt to Equity History and Analysis
Debt Level: PRAENG's net debt to equity ratio (28.7%) is considered satisfactory.
Reducing Debt: PRAENG's debt to equity ratio has reduced from 37.6% to 32.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PRAENG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PRAENG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 19.9% per year.