PIX Transmissions Balance Sheet Health
Financial Health criteria checks 6/6
PIX Transmissions has a total shareholder equity of ₹5.5B and total debt of ₹389.0M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are ₹7.1B and ₹1.6B respectively. PIX Transmissions's EBIT is ₹1.3B making its interest coverage ratio 93.3. It has cash and short-term investments of ₹1.8B.
Key information
7.0%
Debt to equity ratio
₹388.99m
Debt
| Interest coverage ratio | 93.3x |
| Cash | ₹1.77b |
| Equity | ₹5.52b |
| Total liabilities | ₹1.57b |
| Total assets | ₹7.09b |
Recent financial health updates
Recent updates
Earnings Working Against PIX Transmissions Limited's (NSE:PIXTRANS) Share Price
Nov 02
These 4 Measures Indicate That PIX Transmissions (NSE:PIXTRANS) Is Using Debt Safely
Sep 17PIX Transmissions (NSE:PIXTRANS) Will Pay A Larger Dividend Than Last Year At ₹7.00
Jul 02Why Investors Shouldn't Be Surprised By PIX Transmissions Limited's (NSE:PIXTRANS) Low P/E
Apr 06PIX Transmissions' (NSE:PIXTRANS) Dividend Will Be ₹6.00
Jun 30PIX Transmissions (NSE:PIXTRANS) Has Affirmed Its Dividend Of ₹6.00
May 30Investors Give Pix Transmissions Limited (NSE:PIXTRANS) Shares A 25% Hiding
May 30Pix Transmissions (NSE:PIXTRANS) Strong Profits May Be Masking Some Underlying Issues
May 23Financial Position Analysis
Short Term Liabilities: PIXTRANS's short term assets (₹4.3B) exceed its short term liabilities (₹854.9M).
Long Term Liabilities: PIXTRANS's short term assets (₹4.3B) exceed its long term liabilities (₹716.3M).
Debt to Equity History and Analysis
Debt Level: PIXTRANS has more cash than its total debt.
Reducing Debt: PIXTRANS's debt to equity ratio has reduced from 45.3% to 7% over the past 5 years.
Debt Coverage: PIXTRANS's debt is well covered by operating cash flow (291.9%).
Interest Coverage: PIXTRANS's interest payments on its debt are well covered by EBIT (93.3x coverage).