Premier Synthetics Balance Sheet Health
Financial Health criteria checks 5/6
Premier Synthetics has a total shareholder equity of ₹259.8M and total debt of ₹82.8M, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are ₹364.7M and ₹104.9M respectively.
Key information
31.9%
Debt to equity ratio
₹82.80m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹630.00k |
| Equity | ₹259.77m |
| Total liabilities | ₹104.93m |
| Total assets | ₹364.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509835's short term assets (₹167.9M) exceed its short term liabilities (₹49.7M).
Long Term Liabilities: 509835's short term assets (₹167.9M) exceed its long term liabilities (₹55.2M).
Debt to Equity History and Analysis
Debt Level: 509835's net debt to equity ratio (31.6%) is considered satisfactory.
Reducing Debt: 509835's debt to equity ratio has reduced from 69.6% to 31.9% over the past 5 years.
Debt Coverage: 509835's debt is well covered by operating cash flow (21.3%).
Interest Coverage: Insufficient data to determine if 509835's interest payments on its debt are well covered by EBIT.