PI Industries Balance Sheet Health
Financial Health criteria checks 6/6
PI Industries has a total shareholder equity of ₹79.8B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are ₹101.3B and ₹21.5B respectively. PI Industries's EBIT is ₹16.3B making its interest coverage ratio -26.1. It has cash and short-term investments of ₹29.6B.
Key information
2.3%
Debt to equity ratio
₹1.81b
Debt
| Interest coverage ratio | -26.1x |
| Cash | ₹29.56b |
| Equity | ₹79.82b |
| Total liabilities | ₹21.45b |
| Total assets | ₹101.27b |
Recent financial health updates
Does PI Industries (NSE:PIIND) Have A Healthy Balance Sheet?
Feb 29
PI Industries (NSE:PIIND) Seems To Use Debt Rather Sparingly
Nov 30Is PI Industries (NSE:PIIND) A Risky Investment?
Aug 26We Think PI Industries (NSE:PIIND) Can Stay On Top Of Its Debt
Mar 07Does PI Industries (NSE:PIIND) Have A Healthy Balance Sheet?
Nov 26Does PI Industries (NSE:PIIND) Have A Healthy Balance Sheet?
Jul 08Recent updates
Here's Why PI Industries (NSE:PIIND) Has Caught The Eye Of Investors
Apr 09Does PI Industries (NSE:PIIND) Have A Healthy Balance Sheet?
Feb 29PI Industries Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Feb 14PI Industries' (NSE:PIIND) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 12PI Industries Limited's (NSE:PIIND) Shares May Have Run Too Fast Too Soon
Jan 16Here's Why We Think PI Industries (NSE:PIIND) Is Well Worth Watching
Dec 15PI Industries (NSE:PIIND) Seems To Use Debt Rather Sparingly
Nov 30Capital Investment Trends At PI Industries (NSE:PIIND) Look Strong
Oct 25Is PI Industries (NSE:PIIND) A Risky Investment?
Aug 26Here's Why We Think PI Industries (NSE:PIIND) Is Well Worth Watching
Jul 12Returns On Capital At PI Industries (NSE:PIIND) Have Stalled
Jun 06We Ran A Stock Scan For Earnings Growth And PI Industries (NSE:PIIND) Passed With Ease
Apr 10We Think PI Industries (NSE:PIIND) Can Stay On Top Of Its Debt
Mar 07PI Industries' (NSE:PIIND) Dividend Will Be Increased To ₹4.50
Feb 17The Returns On Capital At PI Industries (NSE:PIIND) Don't Inspire Confidence
Feb 10Here's Why We Think PI Industries (NSE:PIIND) Is Well Worth Watching
Dec 27Does PI Industries (NSE:PIIND) Have A Healthy Balance Sheet?
Nov 26Returns On Capital Signal Tricky Times Ahead For PI Industries (NSE:PIIND)
Sep 22PI Industries (NSE:PIIND) Is Paying Out A Larger Dividend Than Last Year
Aug 14Here's Why We Think PI Industries (NSE:PIIND) Might Deserve Your Attention Today
Aug 08Does PI Industries (NSE:PIIND) Have A Healthy Balance Sheet?
Jul 08PI Industries (NSE:PIIND) Will Want To Turn Around Its Return Trends
Jun 23Here's Why We Think PI Industries (NSE:PIIND) Is Well Worth Watching
May 08PI Industries (NSE:PIIND) Has A Pretty Healthy Balance Sheet
Mar 29Capital Allocation Trends At PI Industries (NSE:PIIND) Aren't Ideal
Feb 21PI Industries (NSE:PIIND) Is Due To Pay A Dividend Of ₹3.00
Feb 06Do PI Industries's (NSE:PIIND) Earnings Warrant Your Attention?
Feb 04Does PI Industries (NSE:PIIND) Have A Healthy Balance Sheet?
Dec 16There Are Reasons To Feel Uneasy About PI Industries' (NSE:PIIND) Returns On Capital
Nov 10PI Industries (NSE:PIIND) Has A Pretty Healthy Balance Sheet
Sep 02Here's What's Concerning About PI Industries' (NSE:PIIND) Returns On Capital
Aug 03Does PI Industries (NSE:PIIND) Deserve A Spot On Your Watchlist?
Jul 19Here's Why PI Industries (NSE:PIIND) Can Manage Its Debt Responsibly
May 24Here's Why We Think PI Industries (NSE:PIIND) Is Well Worth Watching
Apr 13Some Investors May Be Worried About PI Industries' (NSE:PIIND) Returns On Capital
Mar 29The PI Industries (NSE:PIIND) Share Price Has Gained 299%, So Why Not Pay It Some Attention?
Mar 15Did PI Industries Limited (NSE:PIIND) Insiders Sell Shares?
Mar 01PI Industries (NSE:PIIND) Has A Pretty Healthy Balance Sheet
Feb 14Are PI Industries Limited's (NSE:PIIND) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Feb 01
Should You Rely On PI Industries's (NSE:PIIND) Earnings Growth?
Jan 19Financial Position Analysis
Short Term Liabilities: PIIND's short term assets (₹63.1B) exceed its short term liabilities (₹18.6B).
Long Term Liabilities: PIIND's short term assets (₹63.1B) exceed its long term liabilities (₹2.9B).
Debt to Equity History and Analysis
Debt Level: PIIND has more cash than its total debt.
Reducing Debt: PIIND's debt to equity ratio has reduced from 2.6% to 2.3% over the past 5 years.
Debt Coverage: PIIND's debt is well covered by operating cash flow (1030%).
Interest Coverage: PIIND earns more interest than it pays, so coverage of interest payments is not a concern.