South West Pinnacle Exploration Balance Sheet Health
Financial Health criteria checks 3/6
South West Pinnacle Exploration has a total shareholder equity of ₹1.2B and total debt of ₹820.5M, which brings its debt-to-equity ratio to 66.5%. Its total assets and total liabilities are ₹2.3B and ₹1.0B respectively. South West Pinnacle Exploration's EBIT is ₹164.9M making its interest coverage ratio 2. It has cash and short-term investments of ₹123.6M.
Key information
66.5%
Debt to equity ratio
₹820.46m
Debt
| Interest coverage ratio | 2x |
| Cash | ₹123.64m |
| Equity | ₹1.23b |
| Total liabilities | ₹1.04b |
| Total assets | ₹2.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543986's short term assets (₹1.3B) exceed its short term liabilities (₹778.2M).
Long Term Liabilities: 543986's short term assets (₹1.3B) exceed its long term liabilities (₹262.2M).
Debt to Equity History and Analysis
Debt Level: 543986's net debt to equity ratio (56.5%) is considered high.
Reducing Debt: 543986's debt to equity ratio has increased from 45.1% to 66.5% over the past 5 years.
Debt Coverage: 543986's debt is well covered by operating cash flow (29.7%).
Interest Coverage: 543986's interest payments on its debt are not well covered by EBIT (2x coverage).