Prakash Pipes Balance Sheet Health
Financial Health criteria checks 5/6
Prakash Pipes has a total shareholder equity of ₹3.2B and total debt of ₹280.6M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are ₹4.0B and ₹871.5M respectively. Prakash Pipes's EBIT is ₹866.9M making its interest coverage ratio -54.2. It has cash and short-term investments of ₹1.4B.
Key information
8.9%
Debt to equity ratio
₹280.60m
Debt
| Interest coverage ratio | -54.2x |
| Cash | ₹1.41b |
| Equity | ₹3.17b |
| Total liabilities | ₹871.50m |
| Total assets | ₹4.04b |
Recent financial health updates
Recent updates
Is Now The Time To Put Prakash Pipes (NSE:PPL) On Your Watchlist?
Apr 05
Does Prakash Pipes (NSE:PPL) Have A Healthy Balance Sheet?
Dec 05Should You Be Adding Prakash Pipes (NSE:PPL) To Your Watchlist Today?
Nov 09Prakash Pipes (NSE:PPL) Will Pay A Dividend Of ₹1.20
Aug 31Does Prakash Pipes (NSE:PPL) Deserve A Spot On Your Watchlist?
Aug 04Prakash Pipes (NSE:PPL) Might Become A Compounding Machine
May 13Prakash Pipes (NSE:PPL) Is Paying Out A Dividend Of ₹1.20
Sep 09There's No Escaping Prakash Pipes Limited's (NSE:PPL) Muted Earnings Despite A 28% Share Price Rise
Apr 28Prakash Pipes (NSE:PPL) Looks To Prolong Its Impressive Returns
Jan 12Prakash Pipes (NSE:PPL) Has Announced A Dividend Of ₹1.20
Sep 06Prakash Pipes (NSE:PPL) Is Reinvesting To Multiply In Value
Aug 30Key Things To Watch Out For If You Are After Prakash Pipes Limited's (NSE:PPL) 0.9% Dividend
Apr 06A Look At The Intrinsic Value Of Prakash Pipes Limited (NSE:PPL)
Mar 15Is Prakash Pipes Limited's (NSE:PPL) ROE Of 20% Impressive?
Feb 21Should You Use Prakash Pipes's (NSE:PPL) Statutory Earnings To Analyse It?
Jan 25Three Things You Should Check Before Buying Prakash Pipes Limited (NSE:PPL) For Its Dividend
Jan 04I Built A List Of Growing Companies And Prakash Pipes (NSE:PPL) Made The Cut
Dec 14Is Prakash Pipes Limited (NSE:PPL) A High Quality Stock To Own?
Nov 18
Financial Position Analysis
Short Term Liabilities: PPL's short term assets (₹2.9B) exceed its short term liabilities (₹826.3M).
Long Term Liabilities: PPL's short term assets (₹2.9B) exceed its long term liabilities (₹45.2M).
Debt to Equity History and Analysis
Debt Level: PPL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if PPL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PPL's debt is well covered by operating cash flow (159.4%).
Interest Coverage: PPL earns more interest than it pays, so coverage of interest payments is not a concern.