Panama Petrochem Balance Sheet Health
Financial Health criteria checks 6/6
Panama Petrochem has a total shareholder equity of ₹10.2B and total debt of ₹13.2M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are ₹12.8B and ₹2.6B respectively. Panama Petrochem's EBIT is ₹2.4B making its interest coverage ratio 23.3. It has cash and short-term investments of ₹1.6B.
Key information
0.1%
Debt to equity ratio
₹13.20m
Debt
| Interest coverage ratio | 23.3x |
| Cash | ₹1.57b |
| Equity | ₹10.17b |
| Total liabilities | ₹2.60b |
| Total assets | ₹12.77b |
Recent financial health updates
Is Panama Petrochem (NSE:PANAMAPET) A Risky Investment?
Aug 03
Is Panama Petrochem (NSE:PANAMAPET) A Risky Investment?
Feb 14Is Panama Petrochem (NSE:PANAMAPET) A Risky Investment?
Nov 09
Here's Why Panama Petrochem (NSE:PANAMAPET) Has A Meaningful Debt Burden
Aug 10Recent updates
Panama 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 03We 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 22Is Panama Petrochem (NSE:PANAMAPET) A Risky Investment?
Nov 09Is Panama Petrochem (NSE:PANAMAPET) Likely To Turn Things Around?
Oct 21Amin Rayani Is The MD, CEO & Executive Director of Panama Petrochem Limited (NSE:PANAMAPET) And They Just Picked Up 6.6% More Shares
Sep 25Panama Petrochem Limited's (NSE:PANAMAPET) Shares Lagging The Market But So Is The Business
Sep 14Begumbanu Rayani Just Bought 3.4% More Shares In Panama Petrochem Limited (NSE:PANAMAPET)
Sep 04Is It Smart To Buy Panama Petrochem Limited (NSE:PANAMAPET) Before It Goes Ex-Dividend?
Aug 26Panama Petrochem Limited's (NSE:PANAMAPET) Share Price Not Quite Adding Up
Aug 24Trade Alert: Begumbanu Rayani At Panama Petrochem Limited (NSE:PANAMAPET), Has Just Spent ₹2.5m Buying 2.8% More Shares
Aug 16Here's Why Panama Petrochem (NSE:PANAMAPET) Has A Meaningful Debt Burden
Aug 10Is Panama Petrochem Limited (NSE:PANAMAPET) A Smart Choice For Dividend Investors?
Aug 10Have Insiders Been Buying Panama Petrochem Limited (NSE:PANAMAPET) Shares This Year?
Jul 20We Think Panama Petrochem's (NSE:PANAMAPET) Statutory Profit Might Understate Its Earnings Potential
Jul 02Financial Position Analysis
Short Term Liabilities: PANAMAPET's short term assets (₹10.2B) exceed its short term liabilities (₹2.5B).
Long Term Liabilities: PANAMAPET's short term assets (₹10.2B) exceed its long term liabilities (₹121.2M).
Debt to Equity History and Analysis
Debt Level: PANAMAPET has more cash than its total debt.
Reducing Debt: PANAMAPET's debt to equity ratio has reduced from 34.4% to 0.1% over the past 5 years.
Debt Coverage: PANAMAPET's debt is well covered by operating cash flow (11120.5%).
Interest Coverage: PANAMAPET's interest payments on its debt are well covered by EBIT (23.3x coverage).