Page Industries Balance Sheet Health
Financial Health criteria checks 5/6
Page Industries has a total shareholder equity of ₹15.3B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are ₹26.4B and ₹11.1B respectively. Page Industries's EBIT is ₹7.5B making its interest coverage ratio 17.3. It has cash and short-term investments of ₹1.2B.
Key information
12.2%
Debt to equity ratio
₹1.86b
Debt
Interest coverage ratio | 17.3x |
Cash | ₹1.21b |
Equity | ₹15.30b |
Total liabilities | ₹11.12b |
Total assets | ₹26.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532827's short term assets (₹18.4B) exceed its short term liabilities (₹9.6B).
Long Term Liabilities: 532827's short term assets (₹18.4B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 532827's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: 532827's debt to equity ratio has increased from 5.1% to 12.2% over the past 5 years.
Debt Coverage: 532827's debt is well covered by operating cash flow (299.2%).
Interest Coverage: 532827's interest payments on its debt are well covered by EBIT (17.3x coverage).