Panasonic Energy India Balance Sheet Health
Financial Health criteria checks 5/6
Panasonic Energy India has a total shareholder equity of ₹1.0B and total debt of ₹11.8M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ₹1.4B and ₹410.0M respectively. Panasonic Energy India's EBIT is ₹143.9M making its interest coverage ratio -5.9. It has cash and short-term investments of ₹84.0M.
Key information
1.2%
Debt to equity ratio
₹11.84m
Debt
| Interest coverage ratio | -5.9x |
| Cash | ₹83.97m |
| Equity | ₹1.03b |
| Total liabilities | ₹410.04m |
| Total assets | ₹1.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504093's short term assets (₹994.8M) exceed its short term liabilities (₹366.2M).
Long Term Liabilities: 504093's short term assets (₹994.8M) exceed its long term liabilities (₹43.8M).
Debt to Equity History and Analysis
Debt Level: 504093 has more cash than its total debt.
Reducing Debt: 504093's debt to equity ratio has increased from 0% to 1.2% over the past 5 years.
Debt Coverage: 504093's debt is well covered by operating cash flow (2269.9%).
Interest Coverage: 504093 earns more interest than it pays, so coverage of interest payments is not a concern.