Power Mech Projects Balance Sheet Health
Financial Health criteria checks 6/6
Power Mech Projects has a total shareholder equity of ₹13.7B and total debt of ₹4.6B, which brings its debt-to-equity ratio to 33.5%. Its total assets and total liabilities are ₹31.0B and ₹17.3B respectively. Power Mech Projects's EBIT is ₹4.3B making its interest coverage ratio 6.7. It has cash and short-term investments of ₹1.7B.
Key information
33.5%
Debt to equity ratio
₹4.59b
Debt
| Interest coverage ratio | 6.7x |
| Cash | ₹1.66b |
| Equity | ₹13.69b |
| Total liabilities | ₹17.31b |
| Total assets | ₹31.01b |
Recent financial health updates
Does Power Mech Projects (NSE:POWERMECH) Have A Healthy Balance Sheet?
Jul 05
Does Power Mech Projects (NSE:POWERMECH) Have A Healthy Balance Sheet?
Feb 13Power Mech Projects (NSE:POWERMECH) Seems To Use Debt Quite Sensibly
Aug 04Power Mech Projects (NSE:POWERMECH) Has A Somewhat Strained Balance Sheet
Aug 19Recent updates
Do Power Mech Projects' (NSE:POWERMECH) Earnings Warrant Your Attention?
Apr 26A Piece Of The Puzzle Missing From Power Mech Projects Limited's (NSE:POWERMECH) Share Price
Mar 12When Should You Buy Power Mech Projects Limited (NSE:POWERMECH)?
Jan 31With EPS Growth And More, Power Mech Projects (NSE:POWERMECH) Makes An Interesting Case
Sep 12Investors Should Be Encouraged By Power Mech Projects' (NSE:POWERMECH) Returns On Capital
Jul 28Does Power Mech Projects (NSE:POWERMECH) Have A Healthy Balance Sheet?
Jul 05Need To Know: Analysts Are Much More Bullish On Power Mech Projects Limited (NSE:POWERMECH) Revenues
Apr 27The Trend Of High Returns At Power Mech Projects (NSE:POWERMECH) Has Us Very Interested
Mar 07Does Power Mech Projects (NSE:POWERMECH) Have A Healthy Balance Sheet?
Feb 13Shareholders Will Probably Hold Off On Increasing Power Mech Projects Limited's (NSE:POWERMECH) CEO Compensation For The Time Being
Sep 24Investors Shouldn't Overlook The Favourable Returns On Capital At Power Mech Projects (NSE:POWERMECH)
Aug 20Power Mech Projects (NSE:POWERMECH) Seems To Use Debt Quite Sensibly
Aug 04A Look At The Intrinsic Value Of Power Mech Projects Limited (NSE:POWERMECH)
Apr 07Investors Met With Slowing Returns on Capital At Power Mech Projects (NSE:POWERMECH)
Dec 06Have Insiders Been Buying Power Mech Projects Limited (NSE:POWERMECH) Shares?
Mar 09Why Power Mech Projects' (NSE:POWERMECH) CEO Pay Matters
Feb 11Could Power Mech Projects Limited (NSE:POWERMECH) Have The Makings Of Another Dividend Aristocrat?
Jan 25
How Much Did Power Mech Projects'(NSE:POWERMECH) Shareholders Earn From Share Price Movements Over The Last Three Years?
Jan 05Insider Buying: The Power Mech Projects Limited (NSE:POWERMECH) Chairman & MD Just Bought 24% More Shares
Nov 27Should You Be Impressed By Power Mech Projects' (NSE:POWERMECH) Returns on Capital?
Nov 22How Much Are Power Mech Projects Limited (NSE:POWERMECH) Insiders Spending On Buying Shares?
Nov 02Here's What You Should Know About Power Mech Projects Limited's (NSE:POWERMECH) 0.3% Dividend Yield
Oct 15Take Care Before Jumping Onto Power Mech Projects Limited (NSE:POWERMECH) Even Though It's 26% Cheaper
Sep 24Would Shareholders Who Purchased Power Mech Projects' (NSE:POWERMECH) Stock Year Be Happy With The Share price Today?
Sep 09Power Mech Projects (NSE:POWERMECH) Has A Somewhat Strained Balance Sheet
Aug 19At ₹445, Is It Time To Put Power Mech Projects Limited (NSE:POWERMECH) On Your Watch List?
Jul 27Have Insiders Been Buying Power Mech Projects Limited (NSE:POWERMECH) Shares?
Jul 10A Rising Share Price Has Us Looking Closely At Power Mech Projects Limited's (NSE:POWERMECH) P/E Ratio
Jun 22Financial Position Analysis
Short Term Liabilities: POWERMECH's short term assets (₹24.6B) exceed its short term liabilities (₹14.8B).
Long Term Liabilities: POWERMECH's short term assets (₹24.6B) exceed its long term liabilities (₹2.5B).
Debt to Equity History and Analysis
Debt Level: POWERMECH's net debt to equity ratio (21.4%) is considered satisfactory.
Reducing Debt: POWERMECH's debt to equity ratio has reduced from 37.1% to 33.5% over the past 5 years.
Debt Coverage: POWERMECH's debt is well covered by operating cash flow (41.2%).
Interest Coverage: POWERMECH's interest payments on its debt are well covered by EBIT (6.7x coverage).