Pasari Spinning Mills Balance Sheet Health
Financial Health criteria checks 1/6
Pasari Spinning Mills has a total shareholder equity of ₹-5.1M and total debt of ₹22.9M, which brings its debt-to-equity ratio to -450.8%. Its total assets and total liabilities are ₹26.5M and ₹31.6M respectively.
Key information
-450.8%
Debt to equity ratio
₹22.89m
Debt
Interest coverage ratio | n/a |
Cash | ₹1.41m |
Equity | -₹5.08m |
Total liabilities | ₹31.60m |
Total assets | ₹26.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521080 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 521080 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 521080 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 521080's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 521080's debt is well covered by operating cash flow (27.3%).
Interest Coverage: Insufficient data to determine if 521080's interest payments on its debt are well covered by EBIT.