Power Mech Projects Balance Sheet Health
Financial Health criteria checks 5/6
Power Mech Projects has a total shareholder equity of ₹19.6B and total debt of ₹6.6B, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are ₹39.2B and ₹19.5B respectively. Power Mech Projects's EBIT is ₹4.8B making its interest coverage ratio 10.1. It has cash and short-term investments of ₹4.9B.
Key information
33.4%
Debt to equity ratio
₹6.56b
Debt
| Interest coverage ratio | 10.1x |
| Cash | ₹4.88b |
| Equity | ₹19.64b |
| Total liabilities | ₹19.54b |
| Total assets | ₹39.18b |
Recent financial health updates
Power Mech Projects (NSE:POWERMECH) Has A Pretty Healthy Balance Sheet
Aug 07
Does Power Mech Projects (NSE:POWERMECH) Have A Healthy Balance Sheet?
Jul 05Does Power Mech Projects (NSE:POWERMECH) Have A Healthy Balance Sheet?
Feb 13Power Mech Projects (NSE:POWERMECH) Seems To Use Debt Quite Sensibly
Aug 04Recent updates
Is It Too Late To Consider Buying Power Mech Projects Limited (NSE:POWERMECH)?
Nov 28Power Mech Projects (NSE:POWERMECH) Ticks All The Boxes When It Comes To Earnings Growth
Oct 16Power Mech Projects Limited's (NSE:POWERMECH) P/S Is Still On The Mark Following 98% Share Price Bounce
Sep 28Power Mech Projects Limited's (NSE:POWERMECH) CEO Will Probably Have Their Compensation Approved By Shareholders
Sep 21Shareholders Are Optimistic That Power Mech Projects (NSE:POWERMECH) Will Multiply In Value
Sep 03Is Now The Time To Look At Buying Power Mech Projects Limited (NSE:POWERMECH)?
Aug 19Power Mech Projects (NSE:POWERMECH) Has A Pretty Healthy Balance Sheet
Aug 07Power Mech Projects Limited's (NSE:POWERMECH) 28% Jump Shows Its Popularity With Investors
Jul 25Power Mech Projects Limited (NSE:POWERMECH) Analysts Are More Bearish Than They Used To Be
May 30Concerns Surrounding Power Mech Projects' (NSE:POWERMECH) Performance
May 28Do 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 06Financial Position Analysis
Short Term Liabilities: POWERMECH's short term assets (₹32.4B) exceed its short term liabilities (₹15.7B).
Long Term Liabilities: POWERMECH's short term assets (₹32.4B) exceed its long term liabilities (₹3.9B).
Debt to Equity History and Analysis
Debt Level: POWERMECH's net debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: POWERMECH's debt to equity ratio has reduced from 46.1% to 33.4% over the past 5 years.
Debt Coverage: POWERMECH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: POWERMECH's interest payments on its debt are well covered by EBIT (10.1x coverage).