Pilani Investment and Industries Balance Sheet Health
Financial Health criteria checks 5/6
Pilani Investment and Industries has a total shareholder equity of ₹172.0B and total debt of ₹9.8B, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are ₹197.5B and ₹25.5B respectively. Pilani Investment and Industries's EBIT is ₹3.0B making its interest coverage ratio 3.8. It has cash and short-term investments of ₹48.3M.
Key information
5.7%
Debt to equity ratio
₹9.75b
Debt
| Interest coverage ratio | 3.8x |
| Cash | ₹48.29m |
| Equity | ₹171.98b |
| Total liabilities | ₹25.48b |
| Total assets | ₹197.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539883's short term assets (₹23.7B) exceed its short term liabilities (₹9.9B).
Long Term Liabilities: 539883's short term assets (₹23.7B) exceed its long term liabilities (₹15.6B).
Debt to Equity History and Analysis
Debt Level: 539883's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: 539883's debt to equity ratio has reduced from 6.4% to 5.7% over the past 5 years.
Debt Coverage: 539883's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: 539883's interest payments on its debt are well covered by EBIT (3.8x coverage).