Precot Balance Sheet Health
Financial Health criteria checks 4/6
Precot has a total shareholder equity of ₹4.4B and total debt of ₹3.5B, which brings its debt-to-equity ratio to 79.7%. Its total assets and total liabilities are ₹8.7B and ₹4.3B respectively. Precot's EBIT is ₹714.4M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹117.9M.
Key information
79.7%
Debt to equity ratio
₹3.47b
Debt
Interest coverage ratio | 2.2x |
Cash | ₹117.95m |
Equity | ₹4.36b |
Total liabilities | ₹4.33b |
Total assets | ₹8.69b |
Recent financial health updates
Is Precot (NSE:PRECOT) A Risky Investment?
Aug 09Here's Why Precot (NSE:PRECOT) Is Weighed Down By Its Debt Load
Mar 13Is 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 23Recent updates
Precot Limited (NSE:PRECOT) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Nov 16Shareholders Will Probably Hold Off On Increasing Precot Limited's (NSE:PRECOT) CEO Compensation For The Time Being
Aug 14Is Precot (NSE:PRECOT) A Risky Investment?
Aug 09Why Investors Shouldn't Be Surprised By Precot Limited's (NSE:PRECOT) 30% Share Price Surge
Jun 24The 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 (₹3.3B) exceed its short term liabilities (₹3.1B).
Long Term Liabilities: PRECOT's short term assets (₹3.3B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: PRECOT's net debt to equity ratio (77%) is considered high.
Reducing Debt: PRECOT's debt to equity ratio has reduced from 90.4% to 79.7% over the past 5 years.
Debt Coverage: PRECOT's debt is well covered by operating cash flow (21.4%).
Interest Coverage: PRECOT's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/25 00:34 |
End of Day Share Price | 2024/12/24 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Precot Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Arun Agarwal | KARVY Stock Broking Limited |