Power Mech Projects Balance Sheet Health
Financial Health criteria checks 6/6
Power Mech Projects has a total shareholder equity of ₹18.4B and total debt of ₹4.0B, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are ₹35.7B and ₹17.3B respectively. Power Mech Projects's EBIT is ₹4.6B making its interest coverage ratio 4.9. It has cash and short-term investments of ₹4.8B.
Key information
21.5%
Debt to equity ratio
₹3.96b
Debt
| Interest coverage ratio | 4.9x |
| Cash | ₹4.80b |
| Equity | ₹18.40b |
| Total liabilities | ₹17.28b |
| Total assets | ₹35.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539302's short term assets (₹28.9B) exceed its short term liabilities (₹14.2B).
Long Term Liabilities: 539302's short term assets (₹28.9B) exceed its long term liabilities (₹3.1B).
Debt to Equity History and Analysis
Debt Level: 539302 has more cash than its total debt.
Reducing Debt: 539302's debt to equity ratio has reduced from 40.6% to 21.5% over the past 5 years.
Debt Coverage: 539302's debt is well covered by operating cash flow (51.7%).
Interest Coverage: 539302's interest payments on its debt are well covered by EBIT (4.9x coverage).