Patel Engineering Limited

BSE:531120 Stock Report

Market Cap: ₹48.6b

Patel Engineering Balance Sheet Health

Financial Health criteria checks 5/6

Patel Engineering has a total shareholder equity of ₹36.4B and total debt of ₹14.4B, which brings its debt-to-equity ratio to 39.5%. Its total assets and total liabilities are ₹93.7B and ₹57.3B respectively. Patel Engineering's EBIT is ₹6.1B making its interest coverage ratio 2.7. It has cash and short-term investments of ₹5.0B.

Key information

39.5%

Debt to equity ratio

₹14.38b

Debt

Interest coverage ratio2.7x
Cash₹4.99b
Equity₹36.38b
Total liabilities₹57.28b
Total assets₹93.67b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 531120's short term assets (₹63.5B) exceed its short term liabilities (₹38.8B).

Long Term Liabilities: 531120's short term assets (₹63.5B) exceed its long term liabilities (₹18.5B).


Debt to Equity History and Analysis

Debt Level: 531120's net debt to equity ratio (25.8%) is considered satisfactory.

Reducing Debt: 531120's debt to equity ratio has reduced from 108% to 39.5% over the past 5 years.

Debt Coverage: 531120's debt is well covered by operating cash flow (47.1%).

Interest Coverage: 531120's interest payments on its debt are not well covered by EBIT (2.7x coverage).


Balance Sheet


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