PSP Projects Balance Sheet Health
Financial Health criteria checks 4/6
PSP Projects has a total shareholder equity of ₹8.7B and total debt of ₹4.0B, which brings its debt-to-equity ratio to 46%. Its total assets and total liabilities are ₹20.8B and ₹12.1B respectively. PSP Projects's EBIT is ₹2.3B making its interest coverage ratio 15.1. It has cash and short-term investments of ₹2.5B.
Key information
46.0%
Debt to equity ratio
₹4.00b
Debt
Interest coverage ratio | 15.1x |
Cash | ₹2.47b |
Equity | ₹8.68b |
Total liabilities | ₹12.12b |
Total assets | ₹20.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540544's short term assets (₹15.7B) exceed its short term liabilities (₹11.9B).
Long Term Liabilities: 540544's short term assets (₹15.7B) exceed its long term liabilities (₹244.7M).
Debt to Equity History and Analysis
Debt Level: 540544's net debt to equity ratio (17.6%) is considered satisfactory.
Reducing Debt: 540544's debt to equity ratio has increased from 8.7% to 46% over the past 5 years.
Debt Coverage: 540544's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 540544's interest payments on its debt are well covered by EBIT (15.1x coverage).