Precision Camshafts Balance Sheet Health
Financial Health criteria checks 6/6
Precision Camshafts has a total shareholder equity of ₹7.2B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are ₹11.0B and ₹3.8B respectively. Precision Camshafts's EBIT is ₹234.8M making its interest coverage ratio 6.1. It has cash and short-term investments of ₹2.7B.
Key information
15.4%
Debt to equity ratio
₹1.11b
Debt
Interest coverage ratio | 6.1x |
Cash | ₹2.73b |
Equity | ₹7.20b |
Total liabilities | ₹3.83b |
Total assets | ₹11.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539636's short term assets (₹7.0B) exceed its short term liabilities (₹3.5B).
Long Term Liabilities: 539636's short term assets (₹7.0B) exceed its long term liabilities (₹289.9M).
Debt to Equity History and Analysis
Debt Level: 539636 has more cash than its total debt.
Reducing Debt: 539636's debt to equity ratio has reduced from 24.2% to 15.4% over the past 5 years.
Debt Coverage: 539636's debt is well covered by operating cash flow (95.9%).
Interest Coverage: 539636's interest payments on its debt are well covered by EBIT (6.1x coverage).