Plada Infotech Services Balance Sheet Health
Financial Health criteria checks 3/6
Plada Infotech Services has a total shareholder equity of ₹75.2M and total debt of ₹165.4M, which brings its debt-to-equity ratio to 220.1%. Its total assets and total liabilities are ₹281.1M and ₹206.0M respectively. Plada Infotech Services's EBIT is ₹44.1M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹33.9M.
Key information
220.1%
Debt to equity ratio
₹165.41m
Debt
Interest coverage ratio | 2.5x |
Cash | ₹33.86m |
Equity | ₹75.16m |
Total liabilities | ₹205.95m |
Total assets | ₹281.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLADAINFO's short term assets (₹173.2M) exceed its short term liabilities (₹86.5M).
Long Term Liabilities: PLADAINFO's short term assets (₹173.2M) exceed its long term liabilities (₹119.4M).
Debt to Equity History and Analysis
Debt Level: PLADAINFO's net debt to equity ratio (175%) is considered high.
Reducing Debt: Insufficient data to determine if PLADAINFO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PLADAINFO's debt is well covered by operating cash flow (24.5%).
Interest Coverage: PLADAINFO's interest payments on its debt are not well covered by EBIT (2.5x coverage).