Pennar Industries Balance Sheet Health
Financial Health criteria checks 3/6
Pennar Industries has a total shareholder equity of ₹8.2B and total debt of ₹7.4B, which brings its debt-to-equity ratio to 89.4%. Its total assets and total liabilities are ₹24.6B and ₹16.4B respectively. Pennar Industries's EBIT is ₹2.1B making its interest coverage ratio 2.8. It has cash and short-term investments of ₹1.9B.
Key information
89.4%
Debt to equity ratio
₹7.36b
Debt
Interest coverage ratio | 2.8x |
Cash | ₹1.85b |
Equity | ₹8.24b |
Total liabilities | ₹16.36b |
Total assets | ₹24.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513228's short term assets (₹16.0B) exceed its short term liabilities (₹14.9B).
Long Term Liabilities: 513228's short term assets (₹16.0B) exceed its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: 513228's net debt to equity ratio (66.9%) is considered high.
Reducing Debt: 513228's debt to equity ratio has increased from 79.6% to 89.4% over the past 5 years.
Debt Coverage: 513228's debt is well covered by operating cash flow (39.2%).
Interest Coverage: 513228's interest payments on its debt are not well covered by EBIT (2.8x coverage).