Pennar Industries Balance Sheet Health
Financial Health criteria checks 3/6
Pennar Industries has a total shareholder equity of ₹8.2B and total debt of ₹7.4B, which brings its debt-to-equity ratio to 89.4%. Its total assets and total liabilities are ₹24.6B and ₹16.4B respectively. Pennar Industries's EBIT is ₹2.1B making its interest coverage ratio 2.8. It has cash and short-term investments of ₹1.9B.
Key information
89.4%
Debt to equity ratio
₹7.36b
Debt
| Interest coverage ratio | 2.8x |
| Cash | ₹1.85b |
| Equity | ₹8.24b |
| Total liabilities | ₹16.36b |
| Total assets | ₹24.60b |
Recent financial health updates
Does Pennar Industries (NSE:PENIND) Have A Healthy Balance Sheet?
Mar 12
Pennar Industries (NSE:PENIND) Has A Pretty Healthy Balance Sheet
Jun 07We Think Pennar Industries (NSE:PENIND) Is Taking Some Risk With Its Debt
Dec 22Is Pennar Industries (NSE:PENIND) Using Too Much Debt?
Jun 17Pennar Industries (NSE:PENIND) Seems To Be Using A Lot Of Debt
Aug 05Does Pennar Industries (NSE:PENIND) Have A Healthy Balance Sheet?
Nov 19Recent updates
Does Pennar Industries (NSE:PENIND) Have A Healthy Balance Sheet?
Mar 12With EPS Growth And More, Pennar Industries (NSE:PENIND) Makes An Interesting Case
Dec 28Pennar Industries (NSE:PENIND) Has A Pretty Healthy Balance Sheet
Jun 07We Think Pennar Industries (NSE:PENIND) Is Taking Some Risk With Its Debt
Dec 22Is Pennar Industries (NSE:PENIND) Using Too Much Debt?
Jun 17We Think Pennar Industries Limited's (NSE:PENIND) CEO Compensation Package Needs To Be Put Under A Microscope
Sep 23Pennar Industries (NSE:PENIND) Seems To Be Using A Lot Of Debt
Aug 05Estimating The Intrinsic Value Of Pennar Industries Limited (NSE:PENIND)
May 13This Insider Has Just Sold Shares In Pennar Industries Limited (NSE:PENIND)
Mar 21Need To Know: Pennar Industries Limited (NSE:PENIND) Insiders Have Been Selling Shares
Jan 28Here's What We Learned About The CEO Pay At Pennar Industries Limited (NSE:PENIND)
Dec 24Does Pennar Industries (NSE:PENIND) Have A Healthy Balance Sheet?
Nov 19Estimating The Intrinsic Value Of Pennar Industries Limited (NSE:PENIND)
Oct 15How Much Are Pennar Industries Limited (NSE:PENIND) Insiders Spending On Buying Shares?
Sep 11Should You Use Pennar Industries's (NSE:PENIND) Statutory Earnings To Analyse It?
Aug 06Financial Position Analysis
Short Term Liabilities: PENIND's short term assets (₹16.0B) exceed its short term liabilities (₹14.9B).
Long Term Liabilities: PENIND's short term assets (₹16.0B) exceed its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: PENIND's net debt to equity ratio (66.9%) is considered high.
Reducing Debt: PENIND's debt to equity ratio has increased from 79.6% to 89.4% over the past 5 years.
Debt Coverage: PENIND's debt is well covered by operating cash flow (39.2%).
Interest Coverage: PENIND's interest payments on its debt are not well covered by EBIT (2.8x coverage).