Palco Metals Balance Sheet Health
Financial Health criteria checks 3/6
Palco Metals has a total shareholder equity of ₹239.7M and total debt of ₹387.8M, which brings its debt-to-equity ratio to 161.8%. Its total assets and total liabilities are ₹657.6M and ₹417.9M respectively. Palco Metals's EBIT is ₹34.0M making its interest coverage ratio 3.4. It has cash and short-term investments of ₹61.7M.
Key information
161.8%
Debt to equity ratio
₹387.84m
Debt
Interest coverage ratio | 3.4x |
Cash | ₹61.68m |
Equity | ₹239.66m |
Total liabilities | ₹417.91m |
Total assets | ₹657.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539121's short term assets (₹455.0M) exceed its short term liabilities (₹271.7M).
Long Term Liabilities: 539121's short term assets (₹455.0M) exceed its long term liabilities (₹146.2M).
Debt to Equity History and Analysis
Debt Level: 539121's net debt to equity ratio (136.1%) is considered high.
Reducing Debt: 539121's debt to equity ratio has increased from 118.9% to 161.8% over the past 5 years.
Debt Coverage: 539121's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539121's interest payments on its debt are well covered by EBIT (3.4x coverage).