PI Industries Balance Sheet Health
Financial Health criteria checks 5/6
PI Industries has a total shareholder equity of ₹95.5B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are ₹120.0B and ₹24.5B respectively. PI Industries's EBIT is ₹19.1B making its interest coverage ratio -20.6. It has cash and short-term investments of ₹39.1B.
Key information
1.1%
Debt to equity ratio
₹1.07b
Debt
| Interest coverage ratio | -20.6x |
| Cash | ₹39.08b |
| Equity | ₹95.45b |
| Total liabilities | ₹24.50b |
| Total assets | ₹119.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523642's short term assets (₹72.4B) exceed its short term liabilities (₹20.9B).
Long Term Liabilities: 523642's short term assets (₹72.4B) exceed its long term liabilities (₹3.6B).
Debt to Equity History and Analysis
Debt Level: 523642 has more cash than its total debt.
Reducing Debt: 523642's debt to equity ratio has increased from 0% to 1.1% over the past 5 years.
Debt Coverage: 523642's debt is well covered by operating cash flow (2019.4%).
Interest Coverage: 523642 earns more interest than it pays, so coverage of interest payments is not a concern.