Panasonic Energy India Balance Sheet Health
Financial Health criteria checks 5/6
Panasonic Energy India has a total shareholder equity of ₹975.1M and total debt of ₹13.1M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are ₹1.4B and ₹405.1M respectively. Panasonic Energy India's EBIT is ₹42.9M making its interest coverage ratio -2.9. It has cash and short-term investments of ₹211.1M.
Key information
1.3%
Debt to equity ratio
₹13.12m
Debt
Interest coverage ratio | -2.9x |
Cash | ₹211.13m |
Equity | ₹975.08m |
Total liabilities | ₹405.11m |
Total assets | ₹1.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504093's short term assets (₹1.0B) exceed its short term liabilities (₹368.4M).
Long Term Liabilities: 504093's short term assets (₹1.0B) exceed its long term liabilities (₹36.7M).
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 1.3% over the past 5 years.
Debt Coverage: 504093's debt is well covered by operating cash flow (2168.4%).
Interest Coverage: 504093 earns more interest than it pays, so coverage of interest payments is not a concern.