Piramal Enterprises Balance Sheet Health
Financial Health criteria checks 2/6
Piramal Enterprises has a total shareholder equity of ₹269.3B and total debt of ₹575.7B, which brings its debt-to-equity ratio to 213.8%. Its total assets and total liabilities are ₹867.6B and ₹598.3B respectively.
Key information
213.8%
Debt to equity ratio
₹575.68b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹33.38b |
| Equity | ₹269.30b |
| Total liabilities | ₹598.26b |
| Total assets | ₹867.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500302's short term assets (₹659.9B) exceed its short term liabilities (₹8.5B).
Long Term Liabilities: 500302's short term assets (₹659.9B) exceed its long term liabilities (₹589.8B).
Debt to Equity History and Analysis
Debt Level: 500302's net debt to equity ratio (201.4%) is considered high.
Reducing Debt: 500302's debt to equity ratio has increased from 198.1% to 213.8% over the past 5 years.
Debt Coverage: 500302's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 500302's interest payments on its debt are well covered by EBIT.