Prajay Engineers Syndicate Balance Sheet Health
Financial Health criteria checks 6/6
Prajay Engineers Syndicate has a total shareholder equity of ₹5.2B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are ₹9.0B and ₹3.8B respectively.
Key information
35.4%
Debt to equity ratio
₹1.83b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹357.09m |
| Equity | ₹5.16b |
| Total liabilities | ₹3.84b |
| Total assets | ₹9.00b |
Recent financial health updates
Does Prajay Engineers Syndicate (NSE:PRAENG) Have A Healthy Balance Sheet?
Jun 19
Does 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 29Recent updates
Does Prajay Engineers Syndicate (NSE:PRAENG) Have A Healthy Balance Sheet?
Jun 19Estimating 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 (₹5.6B) exceed its short term liabilities (₹2.1B).
Long Term Liabilities: PRAENG's short term assets (₹5.6B) exceed its long term liabilities (₹1.7B).
Debt to Equity History and Analysis
Debt Level: PRAENG's net debt to equity ratio (28.5%) is considered satisfactory.
Reducing Debt: PRAENG's debt to equity ratio has reduced from 35.6% to 35.4% 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, due to free cash flow being positive and growing by 7% per year.