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
Is Pearl Global Industries (NSE:PGIL) Using Too Much Debt?
Feb 09
Pearl Global Industries (NSE:PGIL) Takes On Some Risk With Its Use Of Debt
Jun 02Here's Why Pearl Global Industries (NSE:PGIL) Is Weighed Down By Its Debt Load
Jan 31Recent updates
Additional Considerations Required While Assessing Pearl Global Industries' (NSE:PGIL) Strong Earnings
Nov 20Investors Still Aren't Entirely Convinced By Pearl Global Industries Limited's (NSE:PGIL) Earnings Despite 33% Price Jump
Jul 20Potential Upside For Pearl Global Industries Limited (NSE:PGIL) Not Without Risk
Apr 04With EPS Growth And More, Pearl Global Industries (NSE:PGIL) Makes An Interesting Case
Jan 27Pearl Global Industries (NSE:PGIL) Will Pay A Larger Dividend Than Last Year At ₹12.50
Nov 11A Look At The Intrinsic Value Of Pearl Global Industries Limited (NSE:PGIL)
Nov 09Do Pearl Global Industries' (NSE:PGIL) Earnings Warrant Your Attention?
Oct 12Here's Why We Think Pearl Global Industries (NSE:PGIL) Might Deserve Your Attention Today
May 17Is Pearl Global Industries (NSE:PGIL) Using Too Much Debt?
Feb 09Pearl Global Industries (NSE:PGIL) Is Experiencing Growth In Returns On Capital
Dec 26Return Trends At Pearl Global Industries (NSE:PGIL) Aren't Appealing
Jun 23Pearl Global Industries (NSE:PGIL) Takes On Some Risk With Its Use Of Debt
Jun 02Pearl Global Industries (NSE:PGIL) Hasn't Managed To Accelerate Its Returns
Feb 23Here's Why Pearl Global Industries (NSE:PGIL) Is Weighed Down By Its Debt Load
Jan 31Update: Pearl Global Industries (NSE:PGIL) Stock Gained 39% In The Last Three Years
Dec 27Will Pearl Global Industries (NSE:PGIL) Multiply In Value Going Forward?
Nov 22
Financial Position Analysis
Short Term Liabilities: PGIL's short term assets (₹16.1B) exceed its short term liabilities (₹9.8B).
Long Term Liabilities: PGIL's short term assets (₹16.1B) exceed its long term liabilities (₹2.9B).
Debt to Equity History and Analysis
Debt Level: PGIL has more cash than its total debt.
Reducing Debt: PGIL's debt to equity ratio has reduced from 73.7% to 46.4% over the past 5 years.
Debt Coverage: PGIL's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: PGIL's interest payments on its debt are well covered by EBIT (5.4x coverage).