PSP Projects Balance Sheet Health
Financial Health criteria checks 4/6
PSP Projects has a total shareholder equity of ₹12.0B and total debt of ₹2.7B, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are ₹23.4B and ₹11.4B respectively. PSP Projects's EBIT is ₹1.6B making its interest coverage ratio 8.7. It has cash and short-term investments of ₹2.8B.
Key information
22.9%
Debt to equity ratio
₹2.74b
Debt
| Interest coverage ratio | 8.7x |
| Cash | ₹2.79b |
| Equity | ₹11.98b |
| Total liabilities | ₹11.40b |
| Total assets | ₹23.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540544's short term assets (₹18.1B) exceed its short term liabilities (₹11.1B).
Long Term Liabilities: 540544's short term assets (₹18.1B) exceed its long term liabilities (₹325.3M).
Debt to Equity History and Analysis
Debt Level: 540544 has more cash than its total debt.
Reducing Debt: 540544's debt to equity ratio has increased from 18.5% to 22.9% over the past 5 years.
Debt Coverage: 540544's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: 540544's interest payments on its debt are well covered by EBIT (8.7x coverage).