Liquidity ratios (times)

Prism Cement Ltd. Jun 2005 Jun 2006 Jun 2007 Jun 2008 Mar 2009 Mar 2010
(Non-Annualised) 12 mths 12 mths 12 mths 12 mths 9 mths 12 mths
-
Cash to current liabilities 0.0873067916 0.1584009051 0.072904898 0.1027337212 0.1558577406 0.0910167131
Cash to avg. cost of sales 7.1597247069 10.550403469 6.0545416056 6.1771000184 12.073290625 7.2183448897

Quick ratio 0.3844496487 0.4393739393 0.2566624576 0.4149199012 0.4295427376 0.5516713092

Current ratio 1.0638875878 1.1554780313 0.9450388782 1.3078823623 1.183726838 1.1513579387
Current ratio (incl. mktbl. securites) 1.0638875878 1.1554780313 1.8878846282 3.3111500757 1.6006425583 1.2204387187
Debt to equity ratio 1.2484100262 0.4291792588 0 0 0 0.6853954681
Interest cover 3.1063492063 6.2235772358 73.980099502 216.44217687 99.754966887 8.5845580625
Interest incidence (%) 7.2718878052 10.084328883 7.4492726767 Error Error 12.053844331

Structure of current assets

Inventories 61.16 61.78 85.22 90.35 76.9 274.24
Sundry debtors (outstanding less than six mont 10.5 11.46 1.46 1.55 0 199.62
Sundry debtors (outstanding over six months) 2.39 3.09 2.11 1.83 0 11.46
Bills receivable 0 0 0 0 0 0
Acccured income, lease rent & other receivable 21.22 18.34 26.19 37.62 36.63 64.98
Expenses paid in advance 0 0 0 0 1.37 6.57
Deposits 8.98 11.08 16.25 19.86 22.67 52.19
Sale of investments & other receivables 0 0 0 0 0 0
Cash & bank balance 9.4 16.91 11.04 12.97 25.87 52.5

Structure of current assets (%)

Inventories 53.852249714 50.412076703 59.929676512 55.05789153 48.538786846 41.467323918
Sundry debtors (outstanding less than six mont 9.2453993132 9.3512851897 1.0267229255 0.9445460085 0 30.184171531
Sundry debtors (outstanding over six months) 2.1044289865 2.5214198286 1.4838255978 1.1151736746 0 1.732845435
Bills receivable 0 0 0 0 0 0
Acccured income, lease rent & other receivable 18.684511755 14.965320277 18.417721519 22.925045704 23.120621094 9.8255057913
Expenses paid in advance 0 0 0 0 0.8647352143 0.9934375662
Deposits 7.9070176983 9.0412076703 11.427566807 12.1023766 14.309158619 7.8915535126
Sale of investments & other receivables 0 0 0 0 0 0
Cash & bank balance 8.2768336709 13.798449612 7.7637130802 7.9037172456 16.328978098 7.93842804

Net working capital 6.82 16.49 -8.27 38.63 24.59 86.94

Net working capital (as per cost of sales method 178.57558706 192.38452503 228.20231704 279.97758013 353.83627889 86.47941745

Current ratio Debt to equity ratio

Working cycle & turnover ratios

Prism Cement Ltd. Jun 2005 Jun 2006 Jun 2007 Jun 2008 Mar 2009 Mar 2010
Rs. Crore (Non-Annualised) 12 mths 12 mths 12 mths 12 mths 9 mths 12 mths
-
Working cycle (days)
Raw material cycle 179.12872382 175.01645624 187.84334971 185.18729349 264.04103566 60.209628231
WIP cycle 16.015118207 11.260383992 15.997696023 12.384779908 8.1471018301 4.3189070368
Finished goods cycle 4.5708542925 5.0773816693 3.8717055025 2.1061562902 1.7131802613 6.7523557159
Debtors 12.923030566 8.9340925487 4.9205604836 2.2117747257 1.4594889332 13.462689908
Gross working capital cycle 212.63772688 200.28831445 212.63331172 201.89000442 275.36080669 84.743580892
Creditors 75.454031309 79.470793015 86.684321466 67.720142868 70.568465899 72.803292809
Net working capital cycle 137.18369557 120.81752144 125.94899025 134.16986155 204.79234079 11.940288084

Turnover ratios (times)

Raw material turnover 1.5236580517 1.5791605716 1.4569102648 1.558434204 1.382360886 6.0621533586
Finished goods turnover 25.27287234 34.96 55.434199497 123.04684976 212.33670034 23.947549597
Debtors turnover 28.244148936 40.854736842 74.178541492 165.02584814 250.08754209 27.111966664
Creditors turnover 8.6144509767 9.2899073929 7.5407444046 9.2341137124 8.2196438208 10.471905327