Pilani Investment and Industries Balance Sheet Health
Financial Health criteria checks 4/6
Pilani Investment and Industries has a total shareholder equity of ₹146.1B and total debt of ₹9.5B, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are ₹164.5B and ₹18.4B respectively. Pilani Investment and Industries's EBIT is ₹2.8B making its interest coverage ratio 3.6. It has cash and short-term investments of ₹474.6M.
Key information
6.5%
Debt to equity ratio
₹9.49b
Debt
| Interest coverage ratio | 3.6x |
| Cash | ₹474.57m |
| Equity | ₹146.07b |
| Total liabilities | ₹18.42b |
| Total assets | ₹164.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539883's short term assets (₹24.3B) exceed its short term liabilities (₹9.5B).
Long Term Liabilities: 539883's short term assets (₹24.3B) exceed its long term liabilities (₹8.9B).
Debt to Equity History and Analysis
Debt Level: 539883's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: 539883's debt to equity ratio has increased from 4.8% to 6.5% over the past 5 years.
Debt Coverage: 539883's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539883's interest payments on its debt are well covered by EBIT (3.6x coverage).