PIX Transmissions Balance Sheet Health
Financial Health criteria checks 6/6
PIX Transmissions has a total shareholder equity of ₹4.9B and total debt of ₹440.3M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are ₹6.4B and ₹1.4B respectively. PIX Transmissions's EBIT is ₹1.1B making its interest coverage ratio 63.5. It has cash and short-term investments of ₹1.3B.
Key information
8.9%
Debt to equity ratio
₹440.26m
Debt
| Interest coverage ratio | 63.5x |
| Cash | ₹1.25b |
| Equity | ₹4.93b |
| Total liabilities | ₹1.44b |
| Total assets | ₹6.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500333's short term assets (₹3.5B) exceed its short term liabilities (₹708.6M).
Long Term Liabilities: 500333's short term assets (₹3.5B) exceed its long term liabilities (₹733.0M).
Debt to Equity History and Analysis
Debt Level: 500333 has more cash than its total debt.
Reducing Debt: 500333's debt to equity ratio has reduced from 53.1% to 8.9% over the past 5 years.
Debt Coverage: 500333's debt is well covered by operating cash flow (310.9%).
Interest Coverage: 500333's interest payments on its debt are well covered by EBIT (63.5x coverage).