Power Mech Projects Balance Sheet Health
Financial Health criteria checks 5/6
Power Mech Projects has a total shareholder equity of ₹19.6B and total debt of ₹6.6B, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are ₹39.2B and ₹19.5B respectively. Power Mech Projects's EBIT is ₹4.8B making its interest coverage ratio 10.1. It has cash and short-term investments of ₹4.9B.
Key information
33.4%
Debt to equity ratio
₹6.56b
Debt
| Interest coverage ratio | 10.1x |
| Cash | ₹4.88b |
| Equity | ₹19.64b |
| Total liabilities | ₹19.54b |
| Total assets | ₹39.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539302's short term assets (₹32.4B) exceed its short term liabilities (₹15.7B).
Long Term Liabilities: 539302's short term assets (₹32.4B) exceed its long term liabilities (₹3.9B).
Debt to Equity History and Analysis
Debt Level: 539302's net debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: 539302's debt to equity ratio has reduced from 46.1% to 33.4% over the past 5 years.
Debt Coverage: 539302's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539302's interest payments on its debt are well covered by EBIT (10.1x coverage).