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 ₹1.6B, which brings its debt-to-equity ratio to 57.4%. Its total assets and total liabilities are ₹5.6B and ₹2.7B respectively. PPAP Automotive's EBIT is ₹107.5M making its interest coverage ratio 0.7. It has cash and short-term investments of ₹83.4M.
Key information
57.4%
Debt to equity ratio
₹1.62b
Debt
| Interest coverage ratio | 0.7x |
| Cash | ₹83.38m |
| Equity | ₹2.83b |
| Total liabilities | ₹2.72b |
| Total assets | ₹5.55b |
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
Cautious 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 (₹1.7B) do not cover its short term liabilities (₹1.8B).
Long Term Liabilities: PPAP's short term assets (₹1.7B) exceed its long term liabilities (₹912.6M).
Debt to Equity History and Analysis
Debt Level: PPAP's net debt to equity ratio (54.4%) is considered high.
Reducing Debt: PPAP's debt to equity ratio has increased from 8.3% to 57.4% over the past 5 years.
Debt Coverage: PPAP's debt is well covered by operating cash flow (25%).
Interest Coverage: PPAP's interest payments on its debt are not well covered by EBIT (0.7x coverage).