PSP Projects Balance Sheet Health
Financial Health criteria checks 4/6
PSP Projects has a total shareholder equity of ₹12.0B and total debt of ₹2.7B, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are ₹23.4B and ₹11.4B respectively. PSP Projects's EBIT is ₹1.6B making its interest coverage ratio 8.7. It has cash and short-term investments of ₹2.8B.
Key information
22.9%
Debt to equity ratio
₹2.74b
Debt
Interest coverage ratio | 8.7x |
Cash | ₹2.79b |
Equity | ₹11.98b |
Total liabilities | ₹11.40b |
Total assets | ₹23.38b |
Recent financial health updates
Recent updates
Earnings Troubles May Signal Larger Issues for PSP Projects (NSE:PSPPROJECT) Shareholders
Nov 02Here's Why Shareholders May Want To Be Cautious With Increasing PSP Projects Limited's (NSE:PSPPROJECT) CEO Pay Packet
Sep 12We 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 25Financial Position Analysis
Short Term Liabilities: PSPPROJECT's short term assets (₹18.1B) exceed its short term liabilities (₹11.1B).
Long Term Liabilities: PSPPROJECT's short term assets (₹18.1B) exceed its long term liabilities (₹325.3M).
Debt to Equity History and Analysis
Debt Level: PSPPROJECT has more cash than its total debt.
Reducing Debt: PSPPROJECT's debt to equity ratio has increased from 18.5% to 22.9% over the past 5 years.
Debt Coverage: PSPPROJECT's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: PSPPROJECT's interest payments on its debt are well covered by EBIT (8.7x coverage).