PTL Enterprises Balance Sheet Health
Financial Health criteria checks 3/6
PTL Enterprises has a total shareholder equity of ₹7.4B and total debt of ₹241.1M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are ₹10.1B and ₹2.8B respectively. PTL Enterprises's EBIT is ₹533.1M making its interest coverage ratio 38. It has cash and short-term investments of ₹26.5M.
Key information
3.3%
Debt to equity ratio
₹241.15m
Debt
Interest coverage ratio | 38x |
Cash | ₹26.45m |
Equity | ₹7.36b |
Total liabilities | ₹2.76b |
Total assets | ₹10.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509220's short term assets (₹34.2M) do not cover its short term liabilities (₹436.0M).
Long Term Liabilities: 509220's short term assets (₹34.2M) do not cover its long term liabilities (₹2.3B).
Debt to Equity History and Analysis
Debt Level: 509220's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: 509220's debt to equity ratio has increased from 0% to 3.3% over the past 5 years.
Debt Coverage: 509220's debt is well covered by operating cash flow (156.8%).
Interest Coverage: 509220's interest payments on its debt are well covered by EBIT (38x coverage).