Panama Petrochem Balance Sheet Health
Financial Health criteria checks 6/6
Panama Petrochem has a total shareholder equity of ₹11.7B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹15.0B and ₹3.3B respectively. Panama Petrochem's EBIT is ₹2.5B making its interest coverage ratio 24.5. It has cash and short-term investments of ₹884.4M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 24.5x |
| Cash | ₹884.40m |
| Equity | ₹11.74b |
| Total liabilities | ₹3.29b |
| Total assets | ₹15.03b |
Recent financial health updates
Is Panama Petrochem (NSE:PANAMAPET) A Risky Investment?
Aug 03
Is Panama Petrochem (NSE:PANAMAPET) A Risky Investment?
Feb 14Recent updates
Panama Petrochem (NSE:PANAMAPET) Is Paying Out Less In Dividends Than Last Year
Nov 15The Market Doesn't Like What It Sees From Panama Petrochem Limited's (NSE:PANAMAPET) Earnings Yet
Oct 26Panama Petrochem (NSE:PANAMAPET) Will Pay A Dividend Of ₹4.00
Aug 13Panama Petrochem's (NSE:PANAMAPET) Dividend Will Be ₹4.00
Jul 30Panama Petrochem Limited (NSE:PANAMAPET) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Jul 05Weak Statutory Earnings May Not Tell The Whole Story For Panama Petrochem (NSE:PANAMAPET)
Jun 03Panama Petrochem's (NSE:PANAMAPET) Dividend Will Be Reduced To ₹5.00
Jul 27Panama Petrochem (NSE:PANAMAPET) Is Very Good At Capital Allocation
Mar 06Panama Petrochem (NSE:PANAMAPET) Will Pay A Larger Dividend Than Last Year At ₹6.00
Aug 07Is Panama Petrochem (NSE:PANAMAPET) A Risky Investment?
Aug 03Does Panama Petrochem (NSE:PANAMAPET) Deserve A Spot On Your Watchlist?
May 11We Think Panama Petrochem (NSE:PANAMAPET) Might Have The DNA Of A Multi-Bagger
Mar 14Do Panama Petrochem's (NSE:PANAMAPET) Earnings Warrant Your Attention?
Oct 19Panama Petrochem's (NSE:PANAMAPET) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 09Do Panama Petrochem's (NSE:PANAMAPET) Earnings Warrant Your Attention?
Jun 10Panama Petrochem (NSE:PANAMAPET) Is Achieving High Returns On Its Capital
May 27The Attractive Combination That Could Earn Panama Petrochem Limited (NSE:PANAMAPET) A Place In Your Dividend Portfolio
Mar 29Are Insiders Buying Panama Petrochem Limited (NSE:PANAMAPET) Stock?
Mar 15What Kind Of Shareholders Hold The Majority In Panama Petrochem Limited's (NSE:PANAMAPET) Shares?
Mar 01Is Panama Petrochem (NSE:PANAMAPET) A Risky Investment?
Feb 14We're Watching These Trends At Panama Petrochem (NSE:PANAMAPET)
Jan 31Is Panama Petrochem Limited's (NSE:PANAMAPET) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Jan 16Is Panama Petrochem's (NSE:PANAMAPET) 103% Share Price Increase Well Justified?
Jan 03
We Think Panama Petrochem's (NSE:PANAMAPET) Statutory Profit Might Understate Its Earnings Potential
Dec 07MD, CEO & Executive Director Amin Rayani Just Bought 4.1% More Shares In Panama Petrochem Limited (NSE:PANAMAPET)
Nov 22Financial Position Analysis
Short Term Liabilities: PANAMAPET's short term assets (₹12.0B) exceed its short term liabilities (₹3.2B).
Long Term Liabilities: PANAMAPET's short term assets (₹12.0B) exceed its long term liabilities (₹138.6M).
Debt to Equity History and Analysis
Debt Level: PANAMAPET is debt free.
Reducing Debt: PANAMAPET has no debt compared to 5 years ago when its debt to equity ratio was 33.8%.
Debt Coverage: PANAMAPET has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PANAMAPET has no debt, therefore coverage of interest payments is not a concern.