PDS Balance Sheet Health
Financial Health criteria checks 6/6
PDS has a total shareholder equity of ₹11.8B and total debt of ₹8.4B, which brings its debt-to-equity ratio to 71.1%. Its total assets and total liabilities are ₹33.7B and ₹22.0B respectively. PDS's EBIT is ₹3.4B making its interest coverage ratio 3.2. It has cash and short-term investments of ₹6.0B.
Key information
71.1%
Debt to equity ratio
₹8.36b
Debt
Interest coverage ratio | 3.2x |
Cash | ₹5.99b |
Equity | ₹11.76b |
Total liabilities | ₹21.99b |
Total assets | ₹33.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538730's short term assets (₹24.5B) exceed its short term liabilities (₹20.4B).
Long Term Liabilities: 538730's short term assets (₹24.5B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: 538730's net debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: 538730's debt to equity ratio has reduced from 134.3% to 71.1% over the past 5 years.
Debt Coverage: 538730's debt is well covered by operating cash flow (52%).
Interest Coverage: 538730's interest payments on its debt are well covered by EBIT (3.2x coverage).