Panama Petrochem Balance Sheet Health
Financial Health criteria checks 6/6
Panama Petrochem has a total shareholder equity of ₹11.7B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹15.0B and ₹3.3B respectively. Panama Petrochem's EBIT is ₹2.5B making its interest coverage ratio 24.5. It has cash and short-term investments of ₹884.4M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 24.5x |
| Cash | ₹884.40m |
| Equity | ₹11.74b |
| Total liabilities | ₹3.29b |
| Total assets | ₹15.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524820's short term assets (₹12.0B) exceed its short term liabilities (₹3.2B).
Long Term Liabilities: 524820's short term assets (₹12.0B) exceed its long term liabilities (₹138.6M).
Debt to Equity History and Analysis
Debt Level: 524820 is debt free.
Reducing Debt: 524820 has no debt compared to 5 years ago when its debt to equity ratio was 33.8%.
Debt Coverage: 524820 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 524820 has no debt, therefore coverage of interest payments is not a concern.