Power & Instrumental (Gujarat) Balance Sheet Health
Financial Health criteria checks 5/6
Power & Instrumental (Gujarat) has a total shareholder equity of ₹963.3M and total debt of ₹168.6M, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are ₹1.5B and ₹557.1M respectively. Power & Instrumental (Gujarat)'s EBIT is ₹138.3M making its interest coverage ratio 7.4. It has cash and short-term investments of ₹7.4M.
Key information
17.5%
Debt to equity ratio
₹168.57m
Debt
| Interest coverage ratio | 7.4x |
| Cash | ₹7.43m |
| Equity | ₹963.28m |
| Total liabilities | ₹557.11m |
| Total assets | ₹1.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543912's short term assets (₹1.0B) exceed its short term liabilities (₹501.4M).
Long Term Liabilities: 543912's short term assets (₹1.0B) exceed its long term liabilities (₹55.7M).
Debt to Equity History and Analysis
Debt Level: 543912's net debt to equity ratio (16.7%) is considered satisfactory.
Reducing Debt: 543912's debt to equity ratio has reduced from 66.1% to 17.5% over the past 5 years.
Debt Coverage: 543912's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543912's interest payments on its debt are well covered by EBIT (7.4x coverage).