PTL Enterprises Balance Sheet Health
Financial Health criteria checks 3/6
PTL Enterprises has a total shareholder equity of ₹9.0B and total debt of ₹173.5M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are ₹12.0B and ₹3.0B respectively. PTL Enterprises's EBIT is ₹565.2M making its interest coverage ratio 238.8. It has cash and short-term investments of ₹19.3M.
Key information
1.9%
Debt to equity ratio
₹173.48m
Debt
| Interest coverage ratio | 238.8x |
| Cash | ₹19.27m |
| Equity | ₹9.04b |
| Total liabilities | ₹2.98b |
| Total assets | ₹12.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509220's short term assets (₹27.7M) do not cover its short term liabilities (₹394.0M).
Long Term Liabilities: 509220's short term assets (₹27.7M) do not cover its long term liabilities (₹2.6B).
Debt to Equity History and Analysis
Debt Level: 509220's net debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: 509220's debt to equity ratio has increased from 0% to 1.9% over the past 5 years.
Debt Coverage: 509220's debt is well covered by operating cash flow (149.5%).
Interest Coverage: 509220's interest payments on its debt are well covered by EBIT (238.8x coverage).