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
Is Page Industries (NSE:PAGEIND) A Risky Investment?
Mar 03
Does Page Industries (NSE:PAGEIND) Have A Healthy Balance Sheet?
Sep 08Here's Why Page Industries (NSE:PAGEIND) Can Manage Its Debt Responsibly
May 27Page Industries (NSE:PAGEIND) Has A Rock Solid Balance Sheet
Feb 11These 4 Measures Indicate That Page Industries (NSE:PAGEIND) Is Using Debt Safely
Sep 06These 4 Measures Indicate That Page Industries (NSE:PAGEIND) Is Using Debt Safely
Mar 05Recent updates
Is Page Industries (NSE:PAGEIND) A Risky Investment?
Mar 03Page Industries (NSE:PAGEIND) Is Increasing Its Dividend To ₹100.00
Feb 14Page Industries (NSE:PAGEIND) Is Reinvesting At Lower Rates Of Return
Dec 28Page Industries' (NSE:PAGEIND) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 12Does Page Industries (NSE:PAGEIND) Have A Healthy Balance Sheet?
Sep 08Page Industries (NSE:PAGEIND) Is Increasing Its Dividend To ₹75.00
Aug 13Is Now The Time To Put Page Industries (NSE:PAGEIND) On Your Watchlist?
Jun 28Here's Why Page Industries (NSE:PAGEIND) Can Manage Its Debt Responsibly
May 27If EPS Growth Is Important To You, Page Industries (NSE:PAGEIND) Presents An Opportunity
Feb 26Page Industries (NSE:PAGEIND) Has A Rock Solid Balance Sheet
Feb 11With EPS Growth And More, Page Industries (NSE:PAGEIND) Makes An Interesting Case
Oct 29These 4 Measures Indicate That Page Industries (NSE:PAGEIND) Is Using Debt Safely
Sep 06Is Now The Time To Put Page Industries (NSE:PAGEIND) On Your Watchlist?
Jul 14These 4 Measures Indicate That Page Industries (NSE:PAGEIND) Is Using Debt Safely
Mar 05These 4 Measures Indicate That Page Industries (NSE:PAGEIND) Is Using Debt Reasonably Well
Mar 29Is Page Industries Limited's (NSE:PAGEIND) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Mar 05Read This Before Considering Page Industries Limited (NSE:PAGEIND) For Its Upcoming ₹150 Dividend
Feb 12Are Dividend Investors Getting More Than They Bargained For With Page Industries Limited's (NSE:PAGEIND) Dividend?
Feb 10
A Quick Analysis On Page Industries' (NSE:PAGEIND) CEO Salary
Jan 26Is Page Industries' (NSE:PAGEIND) Share Price Gain Of 138% Well Earned?
Jan 11Should You Be Impressed By Page Industries' (NSE:PAGEIND) Returns on Capital?
Dec 29Here's Why We Think Page Industries's (NSE:PAGEIND) Statutory Earnings Might Be Conservative
Dec 14Page Industries (NSE:PAGEIND) Has A Pretty Healthy Balance Sheet
Nov 29Financial Position Analysis
Short Term Liabilities: PAGEIND's short term assets (₹18.4B) exceed its short term liabilities (₹9.6B).
Long Term Liabilities: PAGEIND's short term assets (₹18.4B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: PAGEIND's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: PAGEIND's debt to equity ratio has increased from 5.1% to 12.2% over the past 5 years.
Debt Coverage: PAGEIND's debt is well covered by operating cash flow (299.2%).
Interest Coverage: PAGEIND's interest payments on its debt are well covered by EBIT (17.3x coverage).