Plaza Wires Balance Sheet Health
Financial Health criteria checks 4/6
Plaza Wires has a total shareholder equity of ₹1.2B and total debt of ₹216.3M, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are ₹1.5B and ₹323.6M respectively. Plaza Wires's EBIT is ₹45.5M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹84.2M.
Key information
18.0%
Debt to equity ratio
₹216.28m
Debt
| Interest coverage ratio | 1.9x |
| Cash | ₹84.22m |
| Equity | ₹1.20b |
| Total liabilities | ₹323.63m |
| Total assets | ₹1.53b |
Financial Position Analysis
Short Term Liabilities: PLAZACABLE's short term assets (₹1.1B) exceed its short term liabilities (₹282.7M).
Long Term Liabilities: PLAZACABLE's short term assets (₹1.1B) exceed its long term liabilities (₹41.0M).
Debt to Equity History and Analysis
Debt Level: PLAZACABLE's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: PLAZACABLE's debt to equity ratio has reduced from 102.9% to 18% over the past 5 years.
Debt Coverage: PLAZACABLE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PLAZACABLE's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 07:04 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Plaza Wires Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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