Pilani Investment and Industries Balance Sheet Health
Financial Health criteria checks 5/6
Pilani Investment and Industries has a total shareholder equity of ₹126.3B and total debt of ₹7.8B, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are ₹140.8B and ₹14.5B respectively. Pilani Investment and Industries's EBIT is ₹2.7B making its interest coverage ratio 3.9. It has cash and short-term investments of ₹38.6M.
Key information
6.1%
Debt to equity ratio
₹7.76b
Debt
| Interest coverage ratio | 3.9x |
| Cash | ₹38.65m |
| Equity | ₹126.34b |
| Total liabilities | ₹14.49b |
| Total assets | ₹140.83b |
Recent financial health updates
No updates
Recent updates
The Market Doesn't Like What It Sees From Pilani Investment and Industries Corporation Limited's (NSE:PILANIINVS) Earnings Yet
Feb 02
Does Pilani Investment and Industries (NSE:PILANIINVS) Deserve A Spot On Your Watchlist?
Oct 05Pilani Investment and Industries (NSE:PILANIINVS) Has Affirmed Its Dividend Of ₹15.00
Aug 17Pilani Investment and Industries (NSE:PILANIINVS) Will Pay A Dividend Of ₹15.00
Aug 03Does Pilani Investment and Industries (NSE:PILANIINVS) Deserve A Spot On Your Watchlist?
Dec 26Pilani Investment and Industries (NSE:PILANIINVS) Has Announced A Dividend Of ₹15.00
Aug 18Pilani Investment and Industries (NSE:PILANIINVS) Has Announced A Dividend Of ₹15.00
Aug 04Pilani Investment and Industries' (NSE:PILANIINVS) Dividend Will Be Reduced To ₹15.00
Aug 09Three Things You Should Check Before Buying Pilani Investment and Industries Corporation Limited (NSE:PILANIINVS) For Its Dividend
Apr 16Shareholders Are Thrilled That The Pilani Investment and Industries (NSE:PILANIINVS) Share Price Increased 146%
Feb 21
Key Things To Consider Before Buying Pilani Investment and Industries Corporation Limited (NSE:PILANIINVS) For Its Dividend
Jan 14Financial Position Analysis
Short Term Liabilities: PILANIINVS's short term assets (₹22.6B) exceed its short term liabilities (₹6.3B).
Long Term Liabilities: PILANIINVS's short term assets (₹22.6B) exceed its long term liabilities (₹8.2B).
Debt to Equity History and Analysis
Debt Level: PILANIINVS's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: PILANIINVS's debt to equity ratio has increased from 3.5% to 6.1% over the past 5 years.
Debt Coverage: PILANIINVS's debt is well covered by operating cash flow (36.1%).
Interest Coverage: PILANIINVS's interest payments on its debt are well covered by EBIT (3.9x coverage).