Punjab Chemicals and Crop Protection Balance Sheet Health
Financial Health criteria checks 6/6
Punjab Chemicals and Crop Protection has a total shareholder equity of ₹3.5B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are ₹7.0B and ₹3.4B respectively. Punjab Chemicals and Crop Protection's EBIT is ₹703.7M making its interest coverage ratio 5.5. It has cash and short-term investments of ₹195.2M.
Key information
34.3%
Debt to equity ratio
₹1.21b
Debt
| Interest coverage ratio | 5.5x |
| Cash | ₹195.20m |
| Equity | ₹3.52b |
| Total liabilities | ₹3.43b |
| Total assets | ₹6.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506618's short term assets (₹4.3B) exceed its short term liabilities (₹2.7B).
Long Term Liabilities: 506618's short term assets (₹4.3B) exceed its long term liabilities (₹711.3M).
Debt to Equity History and Analysis
Debt Level: 506618's net debt to equity ratio (28.8%) is considered satisfactory.
Reducing Debt: 506618's debt to equity ratio has reduced from 77.8% to 34.3% over the past 5 years.
Debt Coverage: 506618's debt is well covered by operating cash flow (33.6%).
Interest Coverage: 506618's interest payments on its debt are well covered by EBIT (5.5x coverage).