Precision Metaliks Balance Sheet Health
Financial Health criteria checks 5/6
Precision Metaliks has a total shareholder equity of ₹498.8M and total debt of ₹44.7M, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are ₹1.1B and ₹593.1M respectively. Precision Metaliks's EBIT is ₹70.8M making its interest coverage ratio 27.7. It has cash and short-term investments of ₹102.5M.
Key information
9.0%
Debt to equity ratio
₹44.68m
Debt
| Interest coverage ratio | 27.7x |
| Cash | ₹102.51m |
| Equity | ₹498.81m |
| Total liabilities | ₹593.06m |
| Total assets | ₹1.09b |
Recent financial health updates
No updates
Recent updates
We Ran A Stock Scan For Earnings Growth And Precision Metaliks (NSE:PRECISION) Passed With Ease
Jan 13
Is Now The Time To Put Precision Metaliks (NSE:PRECISION) On Your Watchlist?
Sep 07With EPS Growth And More, Precision Metaliks (NSE:PRECISION) Makes An Interesting Case
Jun 01It's Down 28% But Precision Metaliks Limited (NSE:PRECISION) Could Be Riskier Than It Looks
Jun 22Financial Position Analysis
Short Term Liabilities: PRECISION's short term assets (₹1.1B) exceed its short term liabilities (₹593.0M).
Long Term Liabilities: PRECISION's short term assets (₹1.1B) exceed its long term liabilities (₹13.0K).
Debt to Equity History and Analysis
Debt Level: PRECISION has more cash than its total debt.
Reducing Debt: PRECISION's debt to equity ratio has reduced from 10.6% to 9% over the past 5 years.
Debt Coverage: PRECISION's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: PRECISION's interest payments on its debt are well covered by EBIT (27.7x coverage).