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 ₹3.3B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are ₹6.4B and ₹3.1B respectively. Punjab Chemicals and Crop Protection's EBIT is ₹912.2M making its interest coverage ratio 4.4. It has cash and short-term investments of ₹165.1M.
Key information
36.5%
Debt to equity ratio
₹1.21b
Debt
Interest coverage ratio | 4.4x |
Cash | ₹165.10m |
Equity | ₹3.30b |
Total liabilities | ₹3.10b |
Total assets | ₹6.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506618's short term assets (₹3.8B) exceed its short term liabilities (₹2.4B).
Long Term Liabilities: 506618's short term assets (₹3.8B) exceed its long term liabilities (₹729.5M).
Debt to Equity History and Analysis
Debt Level: 506618's net debt to equity ratio (31.5%) is considered satisfactory.
Reducing Debt: 506618's debt to equity ratio has reduced from 100.4% to 36.5% over the past 5 years.
Debt Coverage: 506618's debt is well covered by operating cash flow (24.8%).
Interest Coverage: 506618's interest payments on its debt are well covered by EBIT (4.4x coverage).