Pearl Global Industries Balance Sheet Health
Financial Health criteria checks 5/6
Pearl Global Industries has a total shareholder equity of ₹7.5B and total debt of ₹5.0B, which brings its debt-to-equity ratio to 66.6%. Its total assets and total liabilities are ₹17.7B and ₹10.2B respectively. Pearl Global Industries's EBIT is ₹3.0B making its interest coverage ratio 6.6. It has cash and short-term investments of ₹3.9B.
Key information
66.6%
Debt to equity ratio
₹5.02b
Debt
Interest coverage ratio | 6.6x |
Cash | ₹3.90b |
Equity | ₹7.53b |
Total liabilities | ₹10.20b |
Total assets | ₹17.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532808's short term assets (₹10.9B) exceed its short term liabilities (₹7.9B).
Long Term Liabilities: 532808's short term assets (₹10.9B) exceed its long term liabilities (₹2.3B).
Debt to Equity History and Analysis
Debt Level: 532808's net debt to equity ratio (14.8%) is considered satisfactory.
Reducing Debt: 532808's debt to equity ratio has increased from 58.9% to 66.6% over the past 5 years.
Debt Coverage: 532808's debt is well covered by operating cash flow (85.7%).
Interest Coverage: 532808's interest payments on its debt are well covered by EBIT (6.6x coverage).