PIX Transmissions Balance Sheet Health
Financial Health criteria checks 6/6
PIX Transmissions has a total shareholder equity of ₹4.4B and total debt of ₹517.6M, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are ₹6.0B and ₹1.6B respectively. PIX Transmissions's EBIT is ₹1.0B making its interest coverage ratio 24.4. It has cash and short-term investments of ₹971.4M.
Key information
11.7%
Debt to equity ratio
₹517.56m
Debt
Interest coverage ratio | 24.4x |
Cash | ₹971.45m |
Equity | ₹4.44b |
Total liabilities | ₹1.57b |
Total assets | ₹6.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500333's short term assets (₹3.2B) exceed its short term liabilities (₹834.7M).
Long Term Liabilities: 500333's short term assets (₹3.2B) exceed its long term liabilities (₹730.8M).
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 53.6% to 11.7% over the past 5 years.
Debt Coverage: 500333's debt is well covered by operating cash flow (293.3%).
Interest Coverage: 500333's interest payments on its debt are well covered by EBIT (24.4x coverage).