Petro Carbon and Chemicals Balance Sheet Health
Financial Health criteria checks 4/6
Petro Carbon and Chemicals has a total shareholder equity of ₹816.1M and total debt of ₹1.8B, which brings its debt-to-equity ratio to 215.5%. Its total assets and total liabilities are ₹2.6B and ₹1.8B respectively. Petro Carbon and Chemicals's EBIT is ₹288.1M making its interest coverage ratio 7.1. It has cash and short-term investments of ₹430.5M.
Key information
215.5%
Debt to equity ratio
₹1.76b
Debt
Interest coverage ratio | 7.1x |
Cash | ₹430.49m |
Equity | ₹816.06m |
Total liabilities | ₹1.82b |
Total assets | ₹2.64b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: PCCL's short term assets (₹1.6B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: PCCL's short term assets (₹1.6B) exceed its long term liabilities (₹511.9M).
Debt to Equity History and Analysis
Debt Level: PCCL's net debt to equity ratio (162.7%) is considered high.
Reducing Debt: Insufficient data to determine if PCCL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PCCL's debt is well covered by operating cash flow (35.7%).
Interest Coverage: PCCL's interest payments on its debt are well covered by EBIT (7.1x coverage).