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
Why Investors Shouldn't Be Surprised By Piramal Enterprises Limited's (NSE:PEL) Low P/E
Jan 24
Does Piramal Enterprises (NSE:PEL) Deserve A Spot On Your Watchlist?
Sep 27Piramal Enterprises (NSE:PEL) Will Pay A Dividend Of ₹33.00
Jul 03Piramal Enterprises (NSE:PEL) Will Pay A Dividend Of ₹33.00
Jun 19Piramal Enterprises Limited Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
Aug 09This Insider Has Just Sold Shares In Piramal Enterprises Limited (NSE:PEL)
Mar 12Should You Buy Piramal Enterprises Limited (NSE:PEL) For Its 0.7% Dividend?
Mar 07Piramal Enterprises (NSE:PEL) Shareholders Have Enjoyed A 61% Share Price Gain
Feb 09Are Insiders Selling Piramal Enterprises Limited (NSE:PEL) Stock?
Jan 14Here's What Piramal Enterprises Limited's (NSE:PEL) Shareholder Ownership Structure Looks Like
Dec 18Financial Position Analysis
Short Term Liabilities: PEL's short term assets (₹659.9B) exceed its short term liabilities (₹8.5B).
Long Term Liabilities: PEL's short term assets (₹659.9B) exceed its long term liabilities (₹589.8B).
Debt to Equity History and Analysis
Debt Level: PEL's net debt to equity ratio (201.4%) is considered high.
Reducing Debt: PEL's debt to equity ratio has increased from 198.1% to 213.8% over the past 5 years.
Debt Coverage: PEL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PEL's interest payments on its debt are well covered by EBIT.