PSP Projects Balance Sheet Health
Financial Health criteria checks 4/6
PSP Projects has a total shareholder equity of ₹9.0B and total debt of ₹4.8B, which brings its debt-to-equity ratio to 53%. Its total assets and total liabilities are ₹21.7B and ₹12.7B respectively. PSP Projects's EBIT is ₹2.3B making its interest coverage ratio 18.8. It has cash and short-term investments of ₹2.3B.
Key information
53.0%
Debt to equity ratio
₹4.77b
Debt
| Interest coverage ratio | 18.8x |
| Cash | ₹2.30b |
| Equity | ₹9.00b |
| Total liabilities | ₹12.68b |
| Total assets | ₹21.68b |
Recent financial health updates
PSP Projects (NSE:PSPPROJECT) Takes On Some Risk With Its Use Of Debt
Mar 11
PSP Projects (NSE:PSPPROJECT) Has A Somewhat Strained Balance Sheet
Nov 23
Recent updates
We Don’t Think PSP Projects' (NSE:PSPPROJECT) Earnings Should Make Shareholders Too Comfortable
May 01PSP Projects (NSE:PSPPROJECT) May Have Issues Allocating Its Capital
Apr 16Here's Why We Think PSP Projects (NSE:PSPPROJECT) Might Deserve Your Attention Today
Mar 28With EPS Growth And More, PSP Projects (NSE:PSPPROJECT) Makes An Interesting Case
Dec 13PSP Projects (NSE:PSPPROJECT) Is Increasing Its Dividend To ₹5.00
Sep 09Is Now The Time To Put PSP Projects (NSE:PSPPROJECT) On Your Watchlist?
Jun 28Do PSP Projects's (NSE:PSPPROJECT) Earnings Warrant Your Attention?
Feb 24Is PSP Projects Limited (NSE:PSPPROJECT) Potentially Undervalued?
Mar 24PSP Projects (NSE:PSPPROJECT) Takes On Some Risk With Its Use Of Debt
Mar 11How Is PSP Projects' (NSE:PSPPROJECT) CEO Compensated?
Feb 21Do Institutions Own PSP Projects Limited (NSE:PSPPROJECT) Shares?
Jan 25Who Has Been Buying PSP Projects Limited (NSE:PSPPROJECT) Shares?
Dec 30Is Now The Time To Look At Buying PSP Projects Limited (NSE:PSPPROJECT)?
Dec 18We Wouldn't Rely On PSP Projects's (NSE:PSPPROJECT) Statutory Earnings As A Guide
Dec 07PSP Projects (NSE:PSPPROJECT) Has A Somewhat Strained Balance Sheet
Nov 23What Do The Returns On Capital At PSP Projects (NSE:PSPPROJECT) Tell Us?
Nov 11If You Had Bought PSP Projects' (NSE:PSPPROJECT) Shares A Year Ago You Would Be Down 28%
Oct 28Will Weakness in PSP Projects Limited's (NSE:PSPPROJECT) Stock Prove Temporary Given Strong Fundamentals?
Oct 14If You Like EPS Growth Then Check Out PSP Projects (NSE:PSPPROJECT) Before It's Too Late
Sep 29Financial Position Analysis
Short Term Liabilities: PSPPROJECT's short term assets (₹17.1B) exceed its short term liabilities (₹12.4B).
Long Term Liabilities: PSPPROJECT's short term assets (₹17.1B) exceed its long term liabilities (₹267.6M).
Debt to Equity History and Analysis
Debt Level: PSPPROJECT's net debt to equity ratio (27.5%) is considered satisfactory.
Reducing Debt: PSPPROJECT's debt to equity ratio has increased from 8.7% to 53% over the past 5 years.
Debt Coverage: PSPPROJECT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PSPPROJECT's interest payments on its debt are well covered by EBIT (18.8x coverage).