Platinum Industries Balance Sheet Health
Financial Health criteria checks 4/6
Platinum Industries has a total shareholder equity of ₹3.7B and total debt of ₹103.2M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are ₹4.3B and ₹545.0M respectively. Platinum Industries's EBIT is ₹615.2M making its interest coverage ratio -854.4. It has cash and short-term investments of ₹1.9B.
Key information
2.8%
Debt to equity ratio
₹103.16m
Debt
| Interest coverage ratio | -854.4x |
| Cash | ₹1.85b |
| Equity | ₹3.73b |
| Total liabilities | ₹544.97m |
| Total assets | ₹4.27b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PLATIND's short term assets (₹3.3B) exceed its short term liabilities (₹494.1M).
Long Term Liabilities: PLATIND's short term assets (₹3.3B) exceed its long term liabilities (₹50.9M).
Debt to Equity History and Analysis
Debt Level: PLATIND has more cash than its total debt.
Reducing Debt: Insufficient data to determine if PLATIND's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PLATIND's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PLATIND earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 19:52 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Platinum Industries Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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