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
Here's Why Precision Camshafts (NSE:PRECAM) Can Manage Its Debt Responsibly
Jan 04
Is Precision Camshafts (NSE:PRECAM) Using Too Much Debt?
Mar 24Precision Camshafts (NSE:PRECAM) Seems To Use Debt Quite Sensibly
Jan 16Is Precision Camshafts (NSE:PRECAM) Using Too Much Debt?
Jan 07Here's Why Precision Camshafts (NSE:PRECAM) Has A Meaningful Debt Burden
Sep 30
Recent updates
Here's Why We Think Precision Camshafts (NSE:PRECAM) Is Well Worth Watching
Apr 02Here's Why Precision Camshafts (NSE:PRECAM) Can Manage Its Debt Responsibly
Jan 04Here's Why We Think Precision Camshafts (NSE:PRECAM) Might Deserve Your Attention Today
Oct 26Precision Camshafts (NSE:PRECAM) Will Be Hoping To Turn Its Returns On Capital Around
Aug 30Precision Camshafts (NSE:PRECAM) Is Looking To Continue Growing Its Returns On Capital
May 31Is Precision Camshafts (NSE:PRECAM) Using Too Much Debt?
Mar 24Precision Camshafts (NSE:PRECAM) Has Some Difficulty Using Its Capital Effectively
Jan 10Precision Camshafts (NSE:PRECAM) Will Want To Turn Around Its Return Trends
Jul 13Estimating The Intrinsic Value Of Precision Camshafts Limited (NSE:PRECAM)
May 12Precision Camshafts (NSE:PRECAM) Seems To Use Debt Quite Sensibly
Jan 16Precision Camshafts' (NSE:PRECAM) Returns On Capital Not Reflecting Well On The Business
Dec 26Estimating The Intrinsic Value Of Precision Camshafts Limited (NSE:PRECAM)
Dec 08There Are Reasons To Feel Uneasy About Precision Camshafts' (NSE:PRECAM) Returns On Capital
Aug 24Shareholders May Be More Conservative With Precision Camshafts Limited's (NSE:PRECAM) CEO Compensation For Now
Jul 20Calculating The Fair Value Of Precision Camshafts Limited (NSE:PRECAM)
May 10Our Take On Precision Camshafts' (NSE:PRECAM) CEO Salary
Feb 15Should You Take Comfort From Insider Transactions At Precision Camshafts Limited (NSE:PRECAM)?
Jan 28Is Precision Camshafts (NSE:PRECAM) Using Too Much Debt?
Jan 07If You Had Bought Precision Camshafts' (NSE:PRECAM) Shares Three Years Ago You Would Be Down 60%
Dec 17Here's Why We Don't Think Precision Camshafts's (NSE:PRECAM) Statutory Earnings Reflect Its Underlying Earnings Potential
Nov 26Does Precision Camshafts Limited (NSE:PRECAM) Have A Place In Your Dividend Stock Portfolio?
Nov 03Here's Why Precision Camshafts (NSE:PRECAM) Has A Meaningful Debt Burden
Sep 30We're Watching These Trends At Precision Camshafts (NSE:PRECAM)
Sep 04Financial Position Analysis
Short Term Liabilities: PRECAM's short term assets (₹7.0B) exceed its short term liabilities (₹3.5B).
Long Term Liabilities: PRECAM's short term assets (₹7.0B) exceed its long term liabilities (₹289.9M).
Debt to Equity History and Analysis
Debt Level: PRECAM has more cash than its total debt.
Reducing Debt: PRECAM's debt to equity ratio has reduced from 24.2% to 15.4% over the past 5 years.
Debt Coverage: PRECAM's debt is well covered by operating cash flow (95.9%).
Interest Coverage: PRECAM's interest payments on its debt are well covered by EBIT (6.1x coverage).