Piramal Enterprises Balance Sheet Health
Financial Health criteria checks 3/6
Piramal Enterprises has a total shareholder equity of ₹287.1B and total debt of ₹498.0B, which brings its debt-to-equity ratio to 173.5%. Its total assets and total liabilities are ₹816.5B and ₹529.3B respectively.
Key information
173.5%
Debt to equity ratio
₹498.00b
Debt
Interest coverage ratio | n/a |
Cash | ₹39.64b |
Equity | ₹287.10b |
Total liabilities | ₹529.35b |
Total assets | ₹816.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500302's short term assets (₹574.2B) exceed its short term liabilities (₹10.2B).
Long Term Liabilities: 500302's short term assets (₹574.2B) exceed its long term liabilities (₹519.1B).
Debt to Equity History and Analysis
Debt Level: 500302's net debt to equity ratio (159.6%) is considered high.
Reducing Debt: 500302's debt to equity ratio has reduced from 205% to 173.5% over the past 5 years.
Debt Coverage: 500302's debt is not well covered by operating cash flow (3%).
Interest Coverage: Insufficient data to determine if 500302's interest payments on its debt are well covered by EBIT.