Pennar Industries Balance Sheet Health
Financial Health criteria checks 4/6
Pennar Industries has a total shareholder equity of ₹9.3B and total debt of ₹8.0B, which brings its debt-to-equity ratio to 86%. Its total assets and total liabilities are ₹28.0B and ₹18.7B respectively. Pennar Industries's EBIT is ₹2.2B making its interest coverage ratio 3.8. It has cash and short-term investments of ₹1.8B.
Key information
86.0%
Debt to equity ratio
₹8.02b
Debt
| Interest coverage ratio | 3.8x |
| Cash | ₹1.84b |
| Equity | ₹9.32b |
| Total liabilities | ₹18.67b |
| Total assets | ₹27.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513228's short term assets (₹17.2B) exceed its short term liabilities (₹16.6B).
Long Term Liabilities: 513228's short term assets (₹17.2B) exceed its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: 513228's net debt to equity ratio (66.3%) is considered high.
Reducing Debt: 513228's debt to equity ratio has increased from 58.4% to 86% over the past 5 years.
Debt Coverage: 513228's debt is well covered by operating cash flow (34.4%).
Interest Coverage: 513228's interest payments on its debt are well covered by EBIT (3.8x coverage).