Precision Camshafts Balance Sheet Health
Financial Health criteria checks 6/6
Precision Camshafts has a total shareholder equity of ₹7.6B and total debt of ₹821.3M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are ₹10.2B and ₹2.6B respectively. Precision Camshafts's EBIT is ₹259.0M making its interest coverage ratio 5.7. It has cash and short-term investments of ₹3.6B.
Key information
10.8%
Debt to equity ratio
₹821.31m
Debt
| Interest coverage ratio | 5.7x |
| Cash | ₹3.61b |
| Equity | ₹7.58b |
| Total liabilities | ₹2.62b |
| Total assets | ₹10.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539636's short term assets (₹6.5B) exceed its short term liabilities (₹2.2B).
Long Term Liabilities: 539636's short term assets (₹6.5B) exceed its long term liabilities (₹417.6M).
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 28.1% to 10.8% over the past 5 years.
Debt Coverage: 539636's debt is well covered by operating cash flow (185.7%).
Interest Coverage: 539636's interest payments on its debt are well covered by EBIT (5.7x coverage).