PTC Industries Balance Sheet Health
Financial Health criteria checks 5/6
PTC Industries has a total shareholder equity of ₹3.7B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 49.8%. Its total assets and total liabilities are ₹6.2B and ₹2.5B respectively. PTC Industries's EBIT is ₹538.4M making its interest coverage ratio 4.2. It has cash and short-term investments of ₹146.8M.
Key information
49.8%
Debt to equity ratio
₹1.84b
Debt
Interest coverage ratio | 4.2x |
Cash | ₹146.78m |
Equity | ₹3.71b |
Total liabilities | ₹2.52b |
Total assets | ₹6.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539006's short term assets (₹1.9B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 539006's short term assets (₹1.9B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 539006's net debt to equity ratio (45.8%) is considered high.
Reducing Debt: 539006's debt to equity ratio has reduced from 94.2% to 49.8% over the past 5 years.
Debt Coverage: 539006's debt is well covered by operating cash flow (28.9%).
Interest Coverage: 539006's interest payments on its debt are well covered by EBIT (4.2x coverage).