Positron Energy Balance Sheet Health
Financial Health criteria checks 5/6
Positron Energy has a total shareholder equity of ₹148.9M and total debt of ₹102.8M, which brings its debt-to-equity ratio to 69%. Its total assets and total liabilities are ₹378.9M and ₹230.0M respectively. Positron Energy's EBIT is ₹117.8M making its interest coverage ratio -26.5. It has cash and short-term investments of ₹174.5M.
Key information
69.0%
Debt to equity ratio
₹102.79m
Debt
| Interest coverage ratio | -26.5x |
| Cash | ₹174.47m |
| Equity | ₹148.93m |
| Total liabilities | ₹229.98m |
| Total assets | ₹378.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: POSITRON's short term assets (₹353.1M) exceed its short term liabilities (₹156.1M).
Long Term Liabilities: POSITRON's short term assets (₹353.1M) exceed its long term liabilities (₹73.8M).
Debt to Equity History and Analysis
Debt Level: POSITRON has more cash than its total debt.
Reducing Debt: Insufficient data to determine if POSITRON's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: POSITRON's debt is well covered by operating cash flow (61.8%).
Interest Coverage: POSITRON earns more interest than it pays, so coverage of interest payments is not a concern.