PTC Industries Balance Sheet Health
Financial Health criteria checks 5/6
PTC Industries has a total shareholder equity of ₹13.4B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are ₹15.3B and ₹1.8B respectively. PTC Industries's EBIT is ₹595.0M making its interest coverage ratio 7.2. It has cash and short-term investments of ₹7.0B.
Key information
8.2%
Debt to equity ratio
₹1.11b
Debt
| Interest coverage ratio | 7.2x |
| Cash | ₹7.04b |
| Equity | ₹13.44b |
| Total liabilities | ₹1.84b |
| Total assets | ₹15.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539006's short term assets (₹9.8B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: 539006's short term assets (₹9.8B) exceed its long term liabilities (₹812.5M).
Debt to Equity History and Analysis
Debt Level: 539006 has more cash than its total debt.
Reducing Debt: 539006's debt to equity ratio has reduced from 93.2% to 8.2% over the past 5 years.
Debt Coverage: 539006's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539006's interest payments on its debt are well covered by EBIT (7.2x coverage).