Pearl Global Industries Balance Sheet Health
Financial Health criteria checks 5/6
Pearl Global Industries has a total shareholder equity of ₹10.7B and total debt of ₹5.0B, which brings its debt-to-equity ratio to 46.4%. Its total assets and total liabilities are ₹23.4B and ₹12.7B respectively. Pearl Global Industries's EBIT is ₹3.1B making its interest coverage ratio 5.4. It has cash and short-term investments of ₹5.4B.
Key information
46.4%
Debt to equity ratio
₹4.98b
Debt
| Interest coverage ratio | 5.4x |
| Cash | ₹5.44b |
| Equity | ₹10.74b |
| Total liabilities | ₹12.68b |
| Total assets | ₹23.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532808's short term assets (₹16.1B) exceed its short term liabilities (₹9.8B).
Long Term Liabilities: 532808's short term assets (₹16.1B) exceed its long term liabilities (₹2.9B).
Debt to Equity History and Analysis
Debt Level: 532808 has more cash than its total debt.
Reducing Debt: 532808's debt to equity ratio has reduced from 73.7% to 46.4% over the past 5 years.
Debt Coverage: 532808's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: 532808's interest payments on its debt are well covered by EBIT (5.4x coverage).