Paradeep Phosphates Balance Sheet Health
Financial Health criteria checks 4/6
Paradeep Phosphates has a total shareholder equity of ₹35.6B and total debt of ₹39.9B, which brings its debt-to-equity ratio to 112.1%. Its total assets and total liabilities are ₹96.6B and ₹61.0B respectively. Paradeep Phosphates's EBIT is ₹5.1B making its interest coverage ratio 1.4. It has cash and short-term investments of ₹1.2B.
Key information
112.1%
Debt to equity ratio
₹39.94b
Debt
Interest coverage ratio | 1.4x |
Cash | ₹1.18b |
Equity | ₹35.64b |
Total liabilities | ₹60.97b |
Total assets | ₹96.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543530's short term assets (₹57.6B) exceed its short term liabilities (₹52.3B).
Long Term Liabilities: 543530's short term assets (₹57.6B) exceed its long term liabilities (₹8.7B).
Debt to Equity History and Analysis
Debt Level: 543530's net debt to equity ratio (108.8%) is considered high.
Reducing Debt: 543530's debt to equity ratio has reduced from 210.6% to 112.1% over the past 5 years.
Debt Coverage: 543530's debt is well covered by operating cash flow (36%).
Interest Coverage: 543530's interest payments on its debt are not well covered by EBIT (1.4x coverage).