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 ₹907.1M, which brings its debt-to-equity ratio to 74.7%. Its total assets and total liabilities are ₹2.3B and ₹1.1B respectively. South West Pinnacle Exploration's EBIT is ₹158.3M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹89.6M.
Key information
74.7%
Debt to equity ratio
₹907.11m
Debt
Interest coverage ratio | 1.9x |
Cash | ₹89.57m |
Equity | ₹1.21b |
Total liabilities | ₹1.13b |
Total assets | ₹2.35b |
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 (₹775.8M).
Long Term Liabilities: 543986's short term assets (₹1.3B) exceed its long term liabilities (₹358.6M).
Debt to Equity History and Analysis
Debt Level: 543986's net debt to equity ratio (67.3%) is considered high.
Reducing Debt: 543986's debt to equity ratio has increased from 46.1% to 74.7% over the past 5 years.
Debt Coverage: 543986's debt is well covered by operating cash flow (20.6%).
Interest Coverage: 543986's interest payments on its debt are not well covered by EBIT (1.9x coverage).