Peria Karamalai Tea and Produce Balance Sheet Health
Financial Health criteria checks 4/6
Peria Karamalai Tea and Produce has a total shareholder equity of ₹1.8B and total debt of ₹232.3M, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are ₹2.2B and ₹380.5M respectively. Peria Karamalai Tea and Produce's EBIT is ₹27.3M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹122.0M.
Key information
12.7%
Debt to equity ratio
₹232.28m
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₹122.05m |
| Equity | ₹1.83b |
| Total liabilities | ₹380.48m |
| Total assets | ₹2.21b |
Recent financial health updates
We Think Peria Karamalai Tea and Produce (NSE:PKTEA) Is Taking Some Risk With Its Debt
Mar 20
Is Peria Karamalai Tea and Produce (NSE:PKTEA) Using Debt Sensibly?
Mar 03Here's Why Peria Karamalai Tea and Produce (NSE:PKTEA) Can Afford Some Debt
Aug 20Does Peria Karamalai Tea and Produce (NSE:PKTEA) Have A Healthy Balance Sheet?
Dec 13We Think Peria Karamalai Tea and Produce (NSE:PKTEA) Can Stay On Top Of Its Debt
Sep 08Here's Why Peria Karamalai Tea and Produce (NSE:PKTEA) Can Manage Its Debt Responsibly
Dec 18
Recent updates
We Think Peria Karamalai Tea and Produce (NSE:PKTEA) Is Taking Some Risk With Its Debt
Mar 20Peria Karamalai Tea and Produce (NSE:PKTEA) May Have Issues Allocating Its Capital
Aug 01Is Peria Karamalai Tea and Produce (NSE:PKTEA) Using Debt Sensibly?
Mar 03Here's Why Peria Karamalai Tea and Produce (NSE:PKTEA) Can Afford Some Debt
Aug 20Peria Karamalai Tea and Produce (NSE:PKTEA) Shareholders Will Want The ROCE Trajectory To Continue
Feb 24Does Peria Karamalai Tea and Produce (NSE:PKTEA) Have A Healthy Balance Sheet?
Dec 13We Think Peria Karamalai Tea and Produce (NSE:PKTEA) Can Stay On Top Of Its Debt
Sep 08Peria Karamalai Tea and Produce (NSE:PKTEA) Is Experiencing Growth In Returns On Capital
Jul 01The Peria Karamalai Tea and Produce Company Limited (NSE:PKTEA) Has Got What It Takes To Be An Attractive Dividend Stock
May 10We Like These Underlying Trends At Peria Karamalai Tea and Produce (NSE:PKTEA)
Mar 15Why Peria Karamalai Tea and Produce's (NSE:PKTEA) CEO Pay Matters
Feb 14Here's Why Peria Karamalai Tea and Produce (NSE:PKTEA) Can Manage Its Debt Responsibly
Dec 18Financial Position Analysis
Short Term Liabilities: PKTEA's short term assets (₹540.2M) exceed its short term liabilities (₹263.9M).
Long Term Liabilities: PKTEA's short term assets (₹540.2M) exceed its long term liabilities (₹116.5M).
Debt to Equity History and Analysis
Debt Level: PKTEA's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: PKTEA's debt to equity ratio has reduced from 13.3% to 12.7% over the past 5 years.
Debt Coverage: PKTEA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PKTEA's interest payments on its debt are not well covered by EBIT (1.3x coverage).