PPAP Automotive Balance Sheet Health
Financial Health criteria checks 2/6
PPAP Automotive has a total shareholder equity of ₹2.8B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 54.3%. Its total assets and total liabilities are ₹5.7B and ₹2.9B respectively. PPAP Automotive's EBIT is ₹149.6M making its interest coverage ratio 1. It has cash and short-term investments of ₹58.8M.
Key information
54.3%
Debt to equity ratio
₹1.54b
Debt
| Interest coverage ratio | 1x |
| Cash | ₹58.79m |
| Equity | ₹2.84b |
| Total liabilities | ₹2.88b |
| Total assets | ₹5.73b |
Recent financial health updates
Is PPAP Automotive (NSE:PPAP) Using Too Much Debt?
May 23
We Think PPAP Automotive (NSE:PPAP) Is Taking Some Risk With Its Debt
Dec 22Is PPAP Automotive (NSE:PPAP) Using Too Much Debt?
Jul 09These 4 Measures Indicate That PPAP Automotive (NSE:PPAP) Is Using Debt Extensively
Feb 15Does PPAP Automotive (NSE:PPAP) Have A Healthy Balance Sheet?
Jan 26Is PPAP Automotive (NSE:PPAP) Using Too Much Debt?
Aug 19Recent updates
Investors Aren't Entirely Convinced By PPAP Automotive Limited's (NSE:PPAP) Revenues
Nov 12Here's Why Shareholders Should Examine PPAP Automotive Limited's (NSE:PPAP) CEO Compensation Package More Closely
Sep 07Cautious Investors Not Rewarding PPAP Automotive Limited's (NSE:PPAP) Performance Completely
Jun 26PPAP Automotive (NSE:PPAP) Could Be Struggling To Allocate Capital
Apr 04Fewer Investors Than Expected Jumping On PPAP Automotive Limited (NSE:PPAP)
Jan 02Here's What's Concerning About PPAP Automotive's (NSE:PPAP) Returns On Capital
Nov 11We Think The Compensation For PPAP Automotive Limited's (NSE:PPAP) CEO Looks About Right
Sep 09PPAP Automotive's (NSE:PPAP) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 31PPAP Automotive's (NSE:PPAP) Dividend Will Be Reduced To ₹0.50
Aug 17Some Investors May Be Worried About PPAP Automotive's (NSE:PPAP) Returns On Capital
Jul 07Is PPAP Automotive (NSE:PPAP) Using Too Much Debt?
May 23PPAP Automotive (NSE:PPAP) Will Want To Turn Around Its Return Trends
Mar 29We Think PPAP Automotive (NSE:PPAP) Is Taking Some Risk With Its Debt
Dec 22PPAP Automotive's (NSE:PPAP) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 01PPAP Automotive (NSE:PPAP) Is Paying Out A Larger Dividend Than Last Year
Aug 18Is PPAP Automotive (NSE:PPAP) Using Too Much Debt?
Jul 09The Returns On Capital At PPAP Automotive (NSE:PPAP) Don't Inspire Confidence
May 13These 4 Measures Indicate That PPAP Automotive (NSE:PPAP) Is Using Debt Extensively
Feb 15PPAP Automotive (NSE:PPAP) Will Want To Turn Around Its Return Trends
Jul 06Should You Be Impressed By PPAP Automotive's (NSE:PPAP) Returns on Capital?
Feb 16Does PPAP Automotive (NSE:PPAP) Have A Healthy Balance Sheet?
Jan 26Who Has Been Buying PPAP Automotive Limited (NSE:PPAP) Shares?
Dec 31
PPAP Automotive (NSE:PPAP) Shareholders Have Enjoyed A 76% Share Price Gain
Dec 01Are Dividend Investors Making A Mistake With PPAP Automotive Limited (NSE:PPAP)?
Nov 05Are Insiders Buying PPAP Automotive Limited (NSE:PPAP) Stock?
Sep 23Is PPAP Automotive (NSE:PPAP) Using Too Much Debt?
Aug 19Financial Position Analysis
Short Term Liabilities: PPAP's short term assets (₹1.9B) do not cover its short term liabilities (₹2.1B).
Long Term Liabilities: PPAP's short term assets (₹1.9B) exceed its long term liabilities (₹773.6M).
Debt to Equity History and Analysis
Debt Level: PPAP's net debt to equity ratio (52.2%) is considered high.
Reducing Debt: PPAP's debt to equity ratio has increased from 7.5% to 54.3% over the past 5 years.
Debt Coverage: PPAP's debt is well covered by operating cash flow (29.4%).
Interest Coverage: PPAP's interest payments on its debt are not well covered by EBIT (1x coverage).