Precot Balance Sheet Health
Financial Health criteria checks 4/6
Precot has a total shareholder equity of ₹4.0B and total debt of ₹3.4B, which brings its debt-to-equity ratio to 84.5%. Its total assets and total liabilities are ₹8.5B and ₹4.5B respectively. Precot's EBIT is ₹192.2M making its interest coverage ratio 0.6. It has cash and short-term investments of ₹103.7M.
Key information
84.5%
Debt to equity ratio
₹3.39b
Debt
| Interest coverage ratio | 0.6x |
| Cash | ₹103.67m |
| Equity | ₹4.01b |
| Total liabilities | ₹4.47b |
| Total assets | ₹8.48b |
Recent financial health updates
Here's Why Precot (NSE:PRECOT) Is Weighed Down By Its Debt Load
Mar 13
Is Precot (NSE:PRECOT) Using Debt Sensibly?
Aug 22Here's Why Precot (NSE:PRECOT) Is Weighed Down By Its Debt Load
Jan 01Precot (NSE:PRECOT) Seems To Use Debt Quite Sensibly
Jan 06Is Precot Meridian (NSE:PRECOT) Using Too Much Debt?
Nov 23
Recent updates
The Market Lifts Precot Limited (NSE:PRECOT) Shares 28% But It Can Do More
Apr 18Here's Why Precot (NSE:PRECOT) Is Weighed Down By Its Debt Load
Mar 13Investors Still Aren't Entirely Convinced By Precot Limited's (NSE:PRECOT) Revenues Despite 27% Price Jump
Dec 18Is Precot (NSE:PRECOT) Using Debt Sensibly?
Aug 22Precot (NSE:PRECOT) Is Experiencing Growth In Returns On Capital
Mar 25Here's Why Precot (NSE:PRECOT) Is Weighed Down By Its Debt Load
Jan 01Why Precot's (NSE:PRECOT) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 19Why The 29% Return On Capital At Precot (NSE:PRECOT) Should Have Your Attention
Oct 28Here's Why We Think Precot (NSE:PRECOT) Might Deserve Your Attention Today
Aug 29Should You Be Adding Precot (NSE:PRECOT) To Your Watchlist Today?
May 12Precot (NSE:PRECOT) Seems To Use Debt Quite Sensibly
Jan 06Investors Will Want Precot's (NSE:PRECOT) Growth In ROCE To Persist
Nov 09Precot's (NSE:PRECOT) Returns On Capital Are Heading Higher
May 19We Like These Underlying Trends At Precot (NSE:PRECOT)
Feb 10Did Precot Limited (NSE:PRECOT) Insiders Buy Up More Shares?
Jan 14Estimating The Fair Value Of Precot Meridian Limited (NSE:PRECOT)
Dec 19Is Precot Meridian (NSE:PRECOT) Using Too Much Debt?
Nov 23Financial Position Analysis
Short Term Liabilities: PRECOT's short term assets (₹3.2B) exceed its short term liabilities (₹2.9B).
Long Term Liabilities: PRECOT's short term assets (₹3.2B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: PRECOT's net debt to equity ratio (81.9%) is considered high.
Reducing Debt: PRECOT's debt to equity ratio has reduced from 106.8% to 84.5% over the past 5 years.
Debt Coverage: PRECOT's debt is well covered by operating cash flow (47.6%).
Interest Coverage: PRECOT's interest payments on its debt are not well covered by EBIT (0.6x coverage).